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Fed, inflation
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.
Opinion
Opinion: Inflation hangs over the Fed as it prepares to cut interest rates
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 1980s.
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.
The New York Times
1d
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 ...
1d
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 ...
syracuse.com
21h
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% ...
Opinion
1d
on MSN
Opinion
Did the Fed Wait Too Long to Act?
By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear ...
Morningstar
2d
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 ...
5h
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 ...
6h
on MSN
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 — ...
9h
on MSN
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 ...
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