fed interest rate cut inflation news - Search News

US Fed begins rate cut cycle

The Associated Press on MSN · 12h

Biden says Fed made ‘declaration of progress’ with interest rate cut

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.

Hosted on MSN · 5h

Trump Decries Fed Rate Cut as ‘Political Move’ That Won’t Work

Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a half percentage point was a “political move” and that a smaller cut would have been preferable.

The New York Times · 12h

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.

Business Insider on MSN17h

The Fed's rate decision shows its focus has shifted from inflation to the labor market

The Federal Reserve has finally delivered its first interest-rate cut in four years — and a jumbo-sized ... perceived ...

14h

Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut

The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...

17h

The Fed Rate Cut, Puncturing The Phillips Curve Myth

The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...

Warren advocates for a bigger Fed rate cut, even as Wall Street cheers

Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...

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