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.
Morningstar2d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
The Fed’s decision Wednesday implies that the main battle against high inflation has been won, and all that’s left is ...
syracuse.com21h
Fed signals end to inflation fight with a sizable half-point rate cut
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% ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
Carlyle’s Thomas Says a 4.5% Fed Rate Stands to Be ‘New Normal’
Carlyle Group Inc.’s Jason Thomas is urging investors to prepare themselves for a potential resurgence of inflation that ...
The Fed Rate Cut, Puncturing The Phillips Curve Myth
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
WBUR12h
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...