The New York Times23h
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 ...
Global investors brace for turmoil as big Fed cut sows confusion
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
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 ...
Los Angeles Daily News1d
Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
You might recall that in March 2022, the Fed began a battle against four-decades-high inflation with pricier financing.
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 ...
Fed Officials See Cooler Inflation Ahead This Year
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
Biden admits economic recovery still needs ‘work,’ forgets meeting Fed chair in error-laden speech
President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...
Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U ...