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London stocks, Fed
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve president said on Thursday. "They are gambling that they have inflation under control,
Fed rate cut: How inflation and home loans have changed
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After peaking at 9.1% in June 2022, inflation has eased, falling to a three-year low of 2.5% in August, just above the Fed’s 2% target rate.
Business Insider on MSN
4h
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The
Fed
's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive ...
The New York Times
23h
Inflation Is Ebbing. Now the Fed Must Protect Jobs.
For the last three years, the Federal Reserve has been fighting to bring
inflation
down. Now it has boldly moved to protect ...
Reuters on MSN
14h
Biden to hail US economic progress after Fed rate cut, no victory lap yet, officials say
National Economic Council Director Lael Brainard said the
Fed
's decision on Wednesday to cut rates for the first time in ...
2h
Summers Sees Fed Rate Projections Upended, Higher Mortgage Rates
Former Treasury Secretary Lawrence Summers said inflation will probably prevent the Federal Reserve from lowering interest ...
1h
Mandan financial advisor breaks down Fed rate cut
Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...
1h
Analysis-Global investors brace for turmoil as big Fed cut sows confusion
Global stocks hit records on Thursday, a day after the Federal Reserve lowered borrowing costs by 50 basis points from a ...
1d
on MSN
Sterling rises after UK inflation data and ahead of Fed
The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...
Opinion
1d
Opinion
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
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