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The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The Fed's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive ...
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.
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
Stocks jump following larger-than-expected Fed rate cut — but labor market concerns linger
Stocks surged to open Thursday trading in the wake of the Federal Reserve’s announcement that it was lowering interest rates ...
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 ...
WBUR4h
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 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 ...
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
Paul Krugman: I’m Paul Krugman. I’m an opinion writer for The New York Times, also a professor at the City University of New ...