US Fed holds interest rates steady, indicates hikes upcoming
1 year, 6 months ago

US Fed holds interest rates steady, indicates hikes upcoming

Al Jazeera  

Holding rates steady will allow Fed to assess information as it seeks to balance risk to economy and high inflation. In an effort to balance risks to the economy with a still unresolved fight to control inflation, “holding the target range steady at this meeting allows the committee to assess additional information and its implications for monetary policy,” the rate-setting Federal Open Market Committee said in a unanimous policy statement issued at the end of its latest two-day meeting. Speaking after the release of the Fed statement, Fed Chairman Jerome Powell noted that as the Fed has paused rates, “we’ve covered a lot of ground and the full effects of our tightening have yet to be felt.” Powell added nearly all Fed officials expect more rate rises this year, and he noted that even as officials have not decided what they will do with rates at coming meetings, the July FOMC gathering is a “live meeting” which could bring another rate increase. Half of the 18 Fed officials pencilled in their “dot” at that level, with three seeing the policy rate moving even higher – including one official who saw it rising above 6 percent. The stronger-than-expected economy means inflation will fall more slowly, with the core Personal Consumption Expenditures Price Index dropping from the current 4.7 percent to 3.9 percent by year’s end, compared with a 3.6 percent year-end rate seen in the March policymaker projections.

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History of this topic

Dollar rebounds from inflation data drop, euro dips
12 hours, 12 minutes ago

Dollar rebounds from inflation data drop, euro dips

Live Mint  

By Chuck Mikolajczak NEW YORK -The dollar rebounded while the euro dipped on Monday, as market moves were being dictated by recent global central bank meetings that set expectations for diverging rate cut paths next year. "The key for the dollar right now is the policy divergence, and Powell going from more worried about unemployment than inflation, and then the …

Fed lowers rates but sees fewer cuts ahead
Top News
4 days, 1 hour ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

US Federal Reserve lowers interest rates, signals slower cuts for 2025
Trending News
5 days, 1 hour ago

US Federal Reserve lowers interest rates, signals slower cuts for 2025

India TV News  

The Federal Reserve cut its benchmark interest rate by a quarter for the third consecutive time. Future outlook: Moderate reductions expected by 2025 Another quarterly outlook indicated only two rate cuts in 2025, with officials predicting government rates to reach 3.75 per cent-4 per cent by the end of that year. Fed Governor Michelle Bowman warned that inflation would remain …

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets
Top News
5 days, 1 hour ago

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets

India Today  

Stock markets are expected to open lower on Thursday, following a global market slump after the US Federal Reserve cut interest rates by 25 basis points. GLOBAL MARKET REACTIONS Wall Street reacted negatively to the Fed’s announcement, with all three major US indices—Dow Jones, S&P 500, and Nasdaq—posting their biggest single-day losses in months. Gift Nifty, an indicator for the …

Feds drop interest rates by another quarter-point easing burden for borrowers
Trending News
5 days, 3 hours ago

Feds drop interest rates by another quarter-point easing burden for borrowers

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. This year's Fed rate reductions have marked a …

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
5 days, 20 hours ago

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

Associated Press  

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation. “I think that a slower pace of cuts really reflects both the higher inflation readings we’ve had …

The Fed is about to deliver the last rate cut for a while
Trending News
6 days, 1 hour ago

The Fed is about to deliver the last rate cut for a while

CNN  

Washington CNN — The Federal Reserve on Wednesday is expected to cut interest rates for the third time this year, in what could be the last rate cut for months. The Fed’s key interest rate influences borrowing costs across the economy and it’s used to achieve stable prices and maximum employment, two key goals mandated by Congress. With inflation nearly …

US Fed cuts interest rates but cautions for year ahead
Trending News
6 days, 1 hour ago

US Fed cuts interest rates but cautions for year ahead

Al Jazeera  

Slower progress on inflation translates into a slower pace of rate cuts, especially as economic growth is brisk. “Economic activity has continued to expand at a solid pace” with an unemployment rate that “remains low” and inflation that “remains somewhat elevated”, the central bank’s rate-setting Federal Open Market Committee said in its latest policy statement on Wednesday. That is half …

Fed makes third rate cut this year, suggests fewer in 2025
6 days, 1 hour ago

Fed makes third rate cut this year, suggests fewer in 2025

Salon  

The Federal Reserve on Wednesday committed to a final interest rate cut this year, as widely expected by economists and investors, but suggested fewer cuts next year. “The slower pace of cuts for next year really reflects both the higher inflation readings we’ve had this year and the expectation inflation will be higher.” Going into the December meeting, market expectations …

Will the Fed keep cutting in 2025?
6 days, 21 hours ago

Will the Fed keep cutting in 2025?

Live Mint  

Investors see an interest-rate cut by the Federal Reserve this week as all but certain. Approaching neutral This week’s meeting is likely to deepen debates on two issues that could define where rates go over the next year: the location of the “neutral" rate of interest and the potential for policy changes by President-elect Donald Trump. “It looks like you’ve …

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
1 week ago

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

Associated Press  

WASHINGTON — Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The Fed’s policymakers are likely to signal fewer interest rate cuts next year than were previously expected. Instead, inflation has become stuck at a higher level, yet the Fed after Wednesday’s meeting will likely have lowered its …

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
1 week, 1 day ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint  

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

US Fed to play ‘cut-and-pause’ for meeting dual mandate of growth & inflation; Fewer rate cuts eyed in 2025: Experts
1 week, 2 days ago

US Fed to play ‘cut-and-pause’ for meeting dual mandate of growth & inflation; Fewer rate cuts eyed in 2025: Experts

Live Mint  

The US Federal Reserve will begin its deliberations for the latest monetary policy decisions on Tuesday, December 17, and will announce its new benchmark interest rate decision on December 18. The US central bank will conduct its two-day Federal Open Market Committee meeting amid Wall Street bets that will likely stay on course towards delivering another rate cut even after …

Bond Market Has Worst Week in Months With Less Fed Action Seen
1 week, 3 days ago

Bond Market Has Worst Week in Months With Less Fed Action Seen

Live Mint  

An orderly selloff in the US government bond market continued for a fifth straight day, with the 30-year bond’s yield posting its biggest weekly increase of the year. Inflation, if anything, is bending up.” The extra yield offered by long- versus short-maturity yields “is not enough at this point of time.” Next week’s Fed meeting includes an updated summary of …

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
1 week, 3 days ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint  

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say
Trending News
1 week, 4 days ago

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say

Live Mint  

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

BOJ leaning toward keeping rates steady next week, sources say
1 week, 4 days ago

BOJ leaning toward keeping rates steady next week, sources say

Live Mint  

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

Fed seen poised to cut rates this month, debate 2025 pause
2 weeks, 3 days ago

Fed seen poised to cut rates this month, debate 2025 pause

Live Mint  

* US job growth rebounds in November after October slowdown * Traders lift bets on Fed rate cut this month to 85% * Bowman, who dissented on September rate cut, urges caution * Hammack says it may be time to pause By Howard Schneider and Ann Saphir CHICAGO/PALO ALTO, California, Dec 6 - Federal Reserve officials appear on track to …

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
2 weeks, 6 days ago

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

CNN  

Washington CNN — Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates. “The US economy is in very good shape, and there’s no reason for that not to continue,” Powell said at an event hosted by The New York Times. “At present I lean toward …

U.S. Fed officials see inflation fight as broadly on track
2 weeks, 6 days ago

U.S. Fed officials see inflation fight as broadly on track

Raw Story  

The U.S. appears on track to hit its long-term target of two percent inflation despite a recent uptick, three Federal Reserve officials said Monday, with one indicating tentative support for another rate cut this month. "At present I lean toward supporting a cut to the policy rate at our December meeting," he said, noting that many people still expected inflation …

December interest rate cut depends on inflation, Fed official says
3 weeks ago

December interest rate cut depends on inflation, Fed official says

Salon  

A top Federal Reserve board member said Monday he’s likely to support an interest rate cut when the Fed meets in two weeks, as long as inflation isn't still persistent. Christopher Waller, a member of the Fed’s Board of Governors, said he was confident the rate of inflation would continue to decrease, according to The Associated Press — but that …

Fed Officials Keep Options Open for December Rate Decision
3 weeks ago

Fed Officials Keep Options Open for December Rate Decision

Live Mint  

-- Three Federal Reserve officials on Monday made clear they expect the US central bank to continue cutting interest rates over the next year, but stopped short of saying they are committed to making the next reduction later this month. Fed Governor Christopher Waller, addressing a conference in Washington, said he’s inclined to vote to lower borrowing costs when Fed …

A top Fed official leans toward December rate cut but says it depends on economic data
3 weeks ago

A top Fed official leans toward December rate cut but says it depends on economic data

Associated Press  

WASHINGTON — A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view. But he noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which …

Fed’s Waller says inclined at this point to cut rates in December
Trending News
3 weeks ago

Fed’s Waller says inclined at this point to cut rates in December

Live Mint  

By Howard Schneider WASHINGTON, Dec 2 - Federal Reserve Governor Christopher Waller said on Monday he was inclined to cut the benchmark interest rate at the Dec. 17-18 meeting as monetary policy remained restrictive enough to keep putting downward pressure on inflation, while the labor market was roughly in balance, something the Fed wants to maintain. "Policy is still restrictive …

US Fed plans to gradually lower rates going forward: minutes
3 weeks, 6 days ago

US Fed plans to gradually lower rates going forward: minutes

China Daily  

WASHINGTON -- US Federal Reserve officials expressed confidence that inflation is easing, and are expected to gradually lower interest rates going forward, according to minutes from the Nov 6-7 meeting released Tuesday. The minutes did not address potential policy under the next administration, but some economists raised concerns that President-elect Donald Trump's proposed additional tariffs could drive up inflation, potentially …

Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
3 weeks, 6 days ago

Federal Reserve officials signal cautious path for rate cuts amid still-high inflation

Associated Press  

WASHINGTON — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed’s 2% target, officials said, “it would likely be appropriate to move gradually” in lowering rates, according to minutes of the November 6-7 meeting. Yet …

It’s Reasonable to Consider Rate Cut Next Month, Fed’s Kashkari Says
4 weeks ago

It’s Reasonable to Consider Rate Cut Next Month, Fed’s Kashkari Says

Live Mint  

-- Federal Reserve Bank of Minneapolis President Neel Kashkari said it is still appropriate to consider another interest-rate cut at the central bank’s December meeting. “It’s still a reasonable consideration,” Kashkari said Monday on Bloomberg Television in response to a question about whether policymakers should reduce borrowing costs by a quarter point at their last meeting of the year. “Right …

month peak as market awaits next Fed cue
1 month ago

month peak as market awaits next Fed cue

Live Mint  

By Brigid Riley TOKYO - The U.S. dollar stuck close to a 13-month high on Friday as investors assessed the outlook for the Federal Reserve's interest rate path and uncertainty in Europe kept the euro on the back foot, while bitcoin eyed the $100,000 level. The yen, meanwhile, held its ground against the greenback after domestic core inflation figures remained …

Powell says solid economy allows Fed to consider rate cuts ‘carefully’
1 month, 1 week ago

Powell says solid economy allows Fed to consider rate cuts ‘carefully’

Live Mint  

Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in deciding how quickly to continue reducing interest rates. Before Powell’s remarks, investors in interest-rate futures markets expected the central bank to lower rates by a quarter point at that meeting and then to slow down the pace of cuts …

US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
Trending News
1 month, 1 week ago

US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy

Live Mint  

The US Federal Reserve does not need to rush to cut interest rates due to the ongoing economic growth, a solid job market, and inflation that remains above its 2% target, said Fed Chair Jerome Powell. According to Powell, the Fed policymakers believe inflation is progressing toward a “sustainable path to 2%” that will enable the US central bank to …

Powell says Fed will likely cut rates cautiously given persistent inflation pressures
1 month, 1 week ago

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Associated Press  

WASHINGTON — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. In his remarks Thursday, Powell suggested that inflation may remain stuck somewhat above the Fed’s …

US Fed rate cut: First inflation uptick in 7 months does little for Powell-led FOMC’s December plans; here’s why
1 month, 1 week ago

US Fed rate cut: First inflation uptick in 7 months does little for Powell-led FOMC’s December plans; here’s why

Live Mint  

The US Federal Reserve will likely stay on course towards delivering another interest rate cut in its December policy meeting even after the latest inflation print revealed that consumer prices rose for the first time in seven months. Wall Street analysts say that October's inflation data "will change little for the US Fed'' when the Federal Open Market Committee will …

Economist reveals how Trump could make the economy worse
1 month, 1 week ago

Economist reveals how Trump could make the economy worse

Daily Mail  

Former Treasury Secretary Larry Summers addresses the New York Economic Club, expressing serious concerns about the Federal Reserve 's approach to inflation. Summers, who has been vocal about inflation risks, warned that the Federal Reserve, under Jerome Powell, is not acting decisively enough to address "overheating risks" in the economy. Summers speculated that a second Trump administration could exacerbate inflation …

Fed’s Powell: Rate cuts are still underway, but there’s no hurry
1 month, 1 week ago

Fed’s Powell: Rate cuts are still underway, but there’s no hurry

CNN  

Washington CNN — Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months. Powell said in a moderated discussion that Fed economists may begin to assess Trump’s plans and how they could affect the economy more seriously as early as …

US Fed rate cut outlook: Can Donald Trump’s return shape the US central bank’s interest rate path?
1 month, 2 weeks ago

US Fed rate cut outlook: Can Donald Trump’s return shape the US central bank’s interest rate path?

Live Mint  

Although the US Federal Reserve refrained from surprising markets and trimmed the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent on November 7, markets seemed disappointed by Chair Jerome Powell's tone, which suggested uncertainty about the future path of interest rates. Experts believe Trump's policies about aggressive tariffs and extending tax cuts could drive up inflation …

Trump enters just as the Fed is shifting its focus
1 month, 2 weeks ago

Trump enters just as the Fed is shifting its focus

Live Mint  

With its second consecutive interest-rate cut this year, the Federal Reserve is attempting to boost the odds of a soft landing. Alternatively, any resurgence in inflation could force the Fed to stop cutting rates, raising the odds that the economy faces a hard landing later in Trump’s term. Due in part to the Fed cutting rates with a solid economy, …

The Fed’s next moves are now anyone’s guess
1 month, 2 weeks ago

The Fed’s next moves are now anyone’s guess

Live Mint  

Take the Federal Reserve’s projections from September and throw them into the trash. The Fed cut rates by a quarter point on Thursday, as universally expected and following a half-point cut in September. Take for instance Fed policymakers’ longer-term economic projections released at their September meeting. But the chance that the Fed could cut rates by just a quarter point …

US Fed slashes interest rates by 25 basis points amid weakening labor market
Top News
1 month, 2 weeks ago

US Fed slashes interest rates by 25 basis points amid weakening labor market

China Daily  

Xinhua | Updated: 2024-11-08 09:41 US Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, November 7, 2024. WASHINGTON -- The US Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the …

US Fed slashes interest rates by 25 basis points amid weakening labor market
Top News
1 month, 2 weeks ago

US Fed slashes interest rates by 25 basis points amid weakening labor market

China Daily  

US Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, November 7, 2024. WASHINGTON -- The US Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this …

US Fed slashes interest rates by 25 basis points amid weakening labor market
Top News
1 month, 2 weeks ago

US Fed slashes interest rates by 25 basis points amid weakening labor market

China Daily  

US Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, November 7, 2024. WASHINGTON -- The US Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this …

US Fed slashes interest rates by 25 basis points amid weakening labor market
1 month, 2 weeks ago

US Fed slashes interest rates by 25 basis points amid weakening labor market

China Daily  

Xinhua | Updated: 2024-11-08 09:41 US Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, November 7, 2024. WASHINGTON -- The US Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the …

US Fed cuts policy rate by quarter-point to 4.50-4.75% after Donald Trump’s poll victory; 5 key takeaways
1 month, 2 weeks ago

US Fed cuts policy rate by quarter-point to 4.50-4.75% after Donald Trump’s poll victory; 5 key takeaways

Live Mint  

The US Federal Reserve announced its seventh policy decision for 2024 after a two-day Federal Open Market Committee meeting and slashed its benchmark interest rate by a quarter of a percentage point to 4.50-4.75 per cent. US Fed Policy November 2024: Here are 5 key highlights 1.US Fed slashes key rates by 25 bps after Trump's election results The US …

Federal Reserve cuts its key interest rate by a quarter-point
Trending News
1 month, 2 weeks ago

Federal Reserve cuts its key interest rate by a quarter-point

The Hindu  

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week. Why rate cuts by the U.S. Federal Reserve matter to world markets In a statement after its latest meeting ended, the Fed said the …

Federal Reserve cuts its key interest rate by a quarter-point after Trump's election win
Top News
1 month, 2 weeks ago

Federal Reserve cuts its key interest rate by a quarter-point after Trump's election win

Hindustan Times  

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week. Federal Reserve Board Chairman Jerome Powell The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on …

US Federal Reserve cuts rate by 0.25% after first post-election meeting, notes easing inflation
Trending News
1 month, 2 weeks ago

US Federal Reserve cuts rate by 0.25% after first post-election meeting, notes easing inflation

Firstpost  

The interest rate in the US is now in the range of 4.5-4.75 per cent. The US Federal Reserve on Thursday cut the benchmark lending rates in the country by 0.25 per cent. Inflation has made progress toward the Committee’s 2 per cent objective but remains somewhat elevated,” the Federal Open Market Committee, which is responsible for changes to the …

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
1 month, 2 weeks ago

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

Associated Press  

WASHINGTON — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week. When its latest policy meeting ended Thursday, the Fed issued a statement noting that the “unemployment rate has moved up but remains …

US Fed interest policy expected today, Trump victory unlikely to change rate cut plans
1 month, 2 weeks ago

US Fed interest policy expected today, Trump victory unlikely to change rate cut plans

Firstpost  

There is a wide expectation that the Federal Reserve will cut interest rates by a quarter point on Thursday, looking beyond the 2024 US Presidential election results to continue easing borrowing costs on the back of cooling inflation The US Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to …

US Fed cuts interest rates by quarter of a percentage point
Top News
1 month, 2 weeks ago

US Fed cuts interest rates by quarter of a percentage point

Al Jazeera  

The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president. The United States Federal Reserve has cut interest rates by a quarter of a percentage point as policymakers took note of a job market that has “generally eased” while inflation continues to move towards the central bank’s 2 percent …

The US Federal Reserve must do two things right now
1 month, 2 weeks ago

The US Federal Reserve must do two things right now

Live Mint  

As US Federal Reserve officials deliberate monetary policy, they may wish to recall what happened when policymakers in past decades became overconfident in using demand management measures to ‘fine tune’ the economy. Its obsession with data dependency has seen it over-react to noisy historical data, lacking the more strategic forward-looking approach needed when using policy tools that operate with ‘long …

Fed Set to Lower Interest Rates for Second Time This Year as Inflation Continues to Cool
1 month, 2 weeks ago

Fed Set to Lower Interest Rates for Second Time This Year as Inflation Continues to Cool

Live Mint  

The Federal Reserve is set to cut interest rates for a second time this year, as inflation continues to cool. However, the outcome of the upcoming presidential election will have no effect on this decision. The Fed is lowering rates to stimulate the economy and boost employment, but it will be more difficult to achieve this if a new president …

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