Fed's Kashkari says 50 basis points rate cut was 'right decision'
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of substantial progress on inflation and the risk of an increase in unemployment.
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The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
The Federal Reserve's big rate cut has given investors reasons to be cautiously optimistic about stocks, despite "stretched ...
Oil prices rose slightly on Monday after last week's cut to U.S. interest rates and a dip in U.S. crude supply in the ...
China’s central bank lowered a short-term policy rate and pumped more liquidity into the financial system, as it continues ...
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JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...
Now that the Fed cut interest rates, you might want to make some changes to keep building wealth. Start looking at CDs and ...
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