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Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
The Fed’s Half Percentage Point Rate Cut Could Mean Worry
Many are ecstatic about the 0.5 percentage point rate cut the Fed delivered. But there are good reasons to think it comes from concern and not optimism.
Opinion
Fed’s follies mean interest-rate cut won’t ease our economic woes
Because the Fed is in a lose-lose scenario whatever it does: No matter how big or small the cut, it will produce more financial pain for American families. That’s especially troubling given how much people’s budgets are already stretched amid the current cost-of-living crisis.
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
What The Fed’s Rate Cut Means For Bitcoin
Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of the U.S. economy.
With Fed's rate cut at hand, debate swirls over how large a move
The Federal Reserve on Wednesday will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation,
Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates
How the Fed’s 50 Bps Rate Cut Impacts Muni Bonds
Great to see you here, Stephanie, after the Fed, because prior to the Fed meeting, there was a lot of talk, at least here at Bloomberg, about the number of bond buyers we were seeing that were really trying to snatch up these muni deals,
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
This is not something that the Fed can really fix,” he said after delivering a historic rate cut.
Columbus Dispatch
7d
Dan Gilbert takes questions, shares meaning behind his forearm tattoo at event
what's still on his life "bucket list" and he explained the
meaning
behind his forearm tattoo during a lunch-hour chat ...
The Herald-Mail
6h
Harpers Ferry NHP tourism means $37.7 million and jobs for local economy
A new National Park Service report shows that 427,317 visitors to Harpers Ferry NHP in 2023 spent $23.8 million in ...
This Day
9h
Edun: FG Has Exited Ways, Means Financing, Says Economic Reforms Bearing Fruit
Edun said, “We have exited Ways and Means. What does that mean? It means that the government, when it has to pay domestic ...
1d
'Keep the economy going well': What the rate cut means for the election
The Fed announced it will cut interest rates by half a point, its first cut since 2020, making mortgage payments and credit ...
5h
on MSN
The Chinese economy is faltering — and that means more trade tensions
Growth in the world’s second-largest economy is slowing and stock markets are in decline, but the Chinese government remains ...
Marketplace
51m
Generic drugs in the U.S. face new economic pressures 40 years on
The generic drug industry in the U.S. has saved people billions of dollars, but shortages are now the norm and competition is ...
9d
on MSN
What Kamala Harris’s Economic Plan Could Mean for Your Future
Detailing the key components and potential impact of her economic plan and what it could mean for the future Vice president ...
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