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Fed’s Bowman Says Big Rate Cut Could Be Seen
Inflation Progress & Labor Market Cooling: The Fed’s Rate Cut Thinking
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest rate would not be appropriate going forward.
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this week said she thought it would send the wrong message to markets that inflation was dead.
Mediaite on MSN
2d
Crowd At JD Vance Rally Boos When Reporter Notes Rate Cut Will ‘Alleviate Inflation For a Lot of People’
Economists have long looked for the Fed to cut interest rates as a sign that inflation was finally easing and the economic ...
Los Angeles Daily News
3d
Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
The Federal Reserve wants you to think
inflation
is largely cured, so it can go tinker with a soft job market. The central ...
1d
on MSN
Dow, S&P 500 Hit Records After Rate Cut
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
16h
on MSN
Should you refinance your mortgage? Here’s what to consider
In early August, refinance applications were up nearly 60% versus the same period a year earlier, according to the Mortgage ...
SmartAsset on MSN
1d
Mortgage Assumption vs. Refinancing After a Divorce
When going through a divorce, an important financial decision that many couples have to face is whether one spouse may have ...
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