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Fed, rate cut
Biden says Federal Reserve made ‘declaration of progress’ with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.
Why the Federal Reserve opted for the big interest rate cut
Speaking last month in Jackson Hole, Jay Powell was explicit about what he considered the Federal Reserve’s mission as the US economy emerged from a gruelling inflation shock. “We will do everything we can to support a strong labour market as we make further progress towards price stability,
How Will Interest Rate Cut Impact Election? Here’s What To Know As Fed Makes First Cut Since 2020
The final rate-setting meeting before the November election brought the first cut since March 2020, a move likely to prove popular for everyday Americans.
3h
on MSN
Dow, S&P 500 Hit Records After Rate Cut
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
8d
on MSN
Inflation slowed in August, paving way for interest rate cut
Consumer prices rose 2.5% in August compared to a year ago, slowing more than expected and delivering welcome news for the ...
WBUR
8h
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 ...
10h
on MSN
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
7h
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
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