The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
You might recall that in March 2022, the Fed began a battle against four-decades-high inflation with pricier financing.
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
Federal Reserve Chair Jerome Powell is overseeing the beginning of the end of the sharpest U.S. central-bank tightening cycle since former Fed Chair Paul Volcker whipped inflation in the early ...
Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% ...
Paul Krugman: I’m Paul Krugman. I’m an opinion writer for The New York Times, also a professor at the City University of New ...
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.
Borrowing rates have already fallen in anticipation of a deeper cut in rates. The average 30-year mortgage rate dropped to ...