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.
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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 ...
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 ...
Sterling rises after UK inflation data and ahead of Fed
The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
Sensex, Nifty Give Up Early Gains Before Fed Decision
Indian shares gave up early gains to end modestly lower on Wednesday as investors waited for the U.S. Federal Reserve's first cut to ...
Biden Recounts His Economic Record as Interest Rates, Inflation Fall and the Dow Hits a Record
President Joe Biden denied on Thursday that he was taking a victory lap one day after the Federal Reserve cut interest rates ...