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Federal Reserve Will Cut Rates Again in 2024
The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says
Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, Larry Summers said.
How Low Might Mortgage Rates Go As The Fed Cuts Rate?
Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s approaching 6%.
Top Fed voice predicts ‘many more rate cuts’ in next year
It’s just not realistic to wait until problems show up,” he said. “If we want a soft landing, we can’t be behind the curve.”
Fed sees its inflation fight
The Fed Calls Inflation Fight a Success. When Will the Public Notice?
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it's all but conquered inflation after three long years. The public at large?
The Fed thinks it’s won its inflation fight but most Americans are still unhappy with the economy
Most Americans remain unhappy with the economy, still bruised by an inflation rate that hit a four-decade high two years ago as the economy rebounded from the pandemic recession.
The Fed sees its inflation fight as a success. Will the public eventually agree?
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years.
5h
on MSN
Fed Governor Bowman explains dissent on rate vote, says she's worried about inflation
Bowman was the lone dissenter from the Federal Open Market Committee's decision to lower benchmark interest rates for the ...
5h
Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...
8h
Fed's Rate Cut Offers Limited Relief for US Factories Facing China Competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
17h
on MSN
China's central bank chief set to hold press conference days after Fed rate cut
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator ...
1d
on MSN
Gold strikes record high as Fed rate cut maintains bullish mood
Gold rose on Monday to an all-time high, as bullish market sentiment after the U.S. Federal Reserve cut interest rates last ...
1d
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
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Opinions
There Was Nothing Political About the Fed’s Big Interest Rate Cut
The New York Times
5d
The Fed’s interest rate cut reflects an increasingly troubled economy
MSN
5d
COLUMN: Fed recalibrates policy with first rate cuts in four years
Enid News & Eagle
2d
Fed rate cut: Vibes on the big day
moneycontrol.com
6d
Pivot to watch: On the U.S. Fed’s rate reduction, its impact
The Hindu
3d
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