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The Fed is finally about to cut interest rates. What took so long?
It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s long fight with inflation and for Americans battling a higher cost of living for the past two years.
Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
What The Fed's first interest rate cut in four years could mean for crypto
Bitcoin sentiment could improve as the Fed is expected to cut interest rates Wednesday for the first time since 2020
Instant Reaction: Powell Defends 50 Point Rate Cut
Curating today’s top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment.
The Fed's Powell is cutting interest rates. Here's how the economy will respond.
Fed Chair Jerome Powell’s next steps will have enormous influence over the economy that either Kamala Harris or Donald Trump inherits in January.
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.
Fed might have cut rates at July meeting, Powell says
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair Jerome Powell said on Wednesday.
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is designed to maintain the strong U.S. economy.
Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the labor market has cooled from its previously overheated state,
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
The rate cut was intended to prevent further deterioration of the formerly roaring labor market. The unemployment rate has risen all year although it's still not high by historical standards. Fed officials aim to bring the economy in for a "soft landing" from the post-pandemic burst of inflation rather than an economic crash.
3d
What would a second Trump presidency mean for the global economy?
Trump has a poor track record on trade, inflation and taxes but the area of biggest economic concern if he is re-elected ...
9d
How Trump set the Biden administration up for an economic disaster with a bargain made in 2020
When Biden took office in 2021, he faced the prospect of responding to a number of Trump’s decisions made during his chaotic ...
Geographical
17h
The top ten wealth hotspots across the world in 2024
Find out the ten wealth hotspots in the world experiencing the highest growth since 2010, and why their wealth has been on ...
7h
on MSN
Biden to celebrate progress of American economy in Thursday remarks
In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American ...
2d
The Current State of the Economy in 7 Key Swing States
If you live in one of the swing states this presidential election season, you're likely seeing ads for Donald Trump and ...
9d
on MSN
4 economic figures to understand for the debate
The first debate between Vice President Harris and former President Trump is expected to be hotter than postpandemic ...
13d
A Financial Lesson From The Oldest Person In The World
Maria Branyas recently died as the oldest person in the world. Asked the secret to her longevity, she said: “Never, ever, ...
Investopedia on MSN
7d
The U.S. and These Other Countries Are the World's Leading Electronics Producers
Learn how China, Hong Kong, and America are contributing to producing and exporting electronics globally as the top countries ...
1d
Stock market updates, Fed decision
The Federal Reserve is widely expected to cut interest rates for the first time in four years but its unclear whether ...
22h
on MSN
Stock market today: Wall Street joins a global market rally after the Fed's big rate cut
Wall Street is roaring toward records as a delayed reaction of jubilation sweeps markets worldwide following the Federal ...
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