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Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
You might recall that in March 2022, the Fed began a battle against four-decades-high inflation with pricier financing.
Fed Slashes Rates Aggressively With Larger Half-Point Cut: Prepare for Lower Mortgages
Fed policymakers announced the half-point rate cut on Wednesday, bringing the central bank's effective benchmark rate to ...
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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
Diverging Central Bank Strategies: Fed, BoE, and BoJ Face Inflation and Market Risks
While the Fed cuts rates, the BoE stays cautious, and the BoJ holds steady. Discover how each central bank is tackling ...
Stock market today: Wall Street edges back from its records as FedEx slumps
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs ...