Fed’s Waller Sees More Rate Cuts, Inflation Below 2%, and a Strong Economy Ahead
We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during an interview with CNBC on Friday. Waller has se
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-percentage-point reduction instead,
Trump Says Fed's Rate Cut Was 'Political Move'
Most people thought it was going to be half of that number, which probably would have been the right thing to do," Trump said in an interview with Newsmax. The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfu
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
The Federal Reserve moving ahead with its first rate cut in four years on Wednesday, lowering its key interest rate by a hefty half percentage point. With the slowing labor market posing a growing risk to economic expansion,
How the Fed rate cut is playing in Florida
The Federal Reserve on Wednesday moved forward with an aggressive rate cut that’s already recalibrating how Florida politicians talk about the economy. The decision, issued 48 days before the election,
Fed Outsized Rate Cut Draws Muted Reaction, but Calm May Not Last
One reason for the muted market reaction on a close-to-close basis has to do with how asset prices moved in the days leading up to the Fed decision, said Sonu Varghese, global mac
The Fed rate cut affects the US dollar. Should international travelers worry?
Because the rate cut has been forecast for so long, it's largely already been priced into the value of the dollar in international markets. “Exchange rates tend to adjust when a
Kayleigh McEnany on inflation: Americans are ‘feeling it at every income level’
Outnumbered’ co-hosts react to a Trump supporter’s response to questions from a CNN reporter on inflation as the economy ...
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
Fed's Waller backed a half-point cut, citing faster-than-expected inflation slide - report
Federal Reserve Governor Christopher Waller said Friday he backed a 50-basis-point interest-rate cut at this week's Federal ...
Trump and Harris' views on inflation, according to their records and what they've said
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's ...
Donald Trump’s tariff plan won’t lower inflation, Kamala Harris’ answer was worse | Opinion
Donald Trump and Kamala Harris’ responses to inflation questions reveal their plans, or lack thereof, to reverse price hikes.
America’s inflation fight is ending, but it’s leaving a legacy
Even as the nation’s tumultuous pandemic economic era begins to approach its end, the period is destined to leave lingering ...
Trump says inflation has cost households $28,000 under Biden and Harris. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period ...
Stop Blaming Inflation on 'Price-Gouging' Corporations | Opinion
The root of the problem of higher prices, whether in the housing or food sector, is the imbalance in demand and supply.
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How Inflation Fooled Almost Everybody
With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...
Japan Inflation Firms To 2.8% Ahead Of BoJ Rate Decision
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours ...
Japan's core inflation accelerates for 4th month in August
Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central ...