Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to ...
Tag: inflation
States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
Owngarden | Moment | Getty ImagesA handful of states have rolled out rebates to consumers who make their homes more ...
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as ...
Kamala Harris wants to take on price gouging. It’s hard to find agreement on what it even is
Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, ...
Dow closes at record high as tame inflation report also lifts small caps
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more ...
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate ...
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week's meeting because ...
Not saying mission accomplished on lowering inflation: Powell
The US central bank is increasingly confident that strength in the jobs market can be maintained with an "appropriate recalibration" ...
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid ...
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market ...
