Fed Vice Chair Jefferson: Sept rate cut was 'timely'
The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday. "It was timely and consistent" with the Fed's two mandates of attaining 2% inflation and maximum employment,
What lower inflation and Fed rate cuts could mean for I Bonds, CDs and savers
Promotions on CDs already aren't as good as they were in January, but some attractive yields of 4% or higher remain on one-year CDs.
3 Top Stocks To Buy Now After The Fed Rate Cut
Discover the best stocks to buy now after the Fed rate cut. Explore top picks that could benefit from lower rates and enhance your investment strategy today.
Some Fed Officials Were On The Fence About Its Super-Sized Rate Cut
Key Takeaways Officials at the Federal Reserve were divided about whether to cut its benchmark interest rate by a large or small amount in September, and ultimately decided on a large cut.Although only one member voted for the smaller cut,
Fed decision to go big on rate cut was not a slam dunk
The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve board meeting.
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
Federal Reserve officials saw future rate cuts reverting to slower pace
Federal Reserve officials signalled support for a gradual pace of interest rate reductions after September’s larger-than-usual half-point reduction, a record of the meeting showed. Minutes from the September meeting underscored that US central bankers were inclined to lower interest rates to a “neutral” setting that no longer crimps growth “over time”,
Fed officials argue half-point cut was not evidence of a less-favorable outlook
Federal Reserve officials stressed about their half-percentage point rate cut in September, according to the minutes of their meeting. First, officials underlined that the aggressive cut "should not be interpreted as evidence of a less favorable economic outlook.
Fed Minutes Reveal Divide Over Size of September Rate Cut
While a ‘substantial majority’ favored the larger half-point reduction, some officials thought a smaller quarter-point cut was warranted.
Fed's Logan calls for 'gradual' rate cuts, says 'should not rush'
Dallas Federal Reserve Bank President Lorie Logan on Wednesday said she supported last month's outsized interest-rate cut but wants smaller reductions ahead, given "still real" upside risks to inflation and "meaningful uncertainties" over the economic outlook.
Why a CPI surprise could trip up the Fed’s rate-cutting plans
Employment and economic data already are surprising to the upside since the Federal Reserve cut rates in September
Mexico's annual inflation eases further, fueling rate cuts bets
Mexico's 12-month headline inflation rate fell again in September, after easing in the previous month, raising expectations ...
ECB’s Villeroy Says Rate Cut Next Week Very Probable, Isn’t Last
The European Central Bank will very probably lower interest rates next week and will loosen monetary policy again at future ...
RBI monetary policy today: No rate cut likely, markets focus on growth-inflation outlook; here’s how Nifty may trade
While the Reserve Bank of India may keep repo rate on hold, its forward guidance will be crucial for the market direction ...
Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong
Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut ...
Citadel Securities Sees Only Quarter-Point Rate Cut for 2024
Citadel Securities says a strong US economy and sticky inflation will lead the Federal Reserve to cut interest rates only one ...
National Herald9h
RBI’s shift to neutral stance signals potential rate cut as inflation eases
Several factors could derail the inflation trajectory as the MPC keeps its cards on a rate cut close to its chest ...
ECB will probably cut rates in Oct on risk of too low inflation: Villeroy
The European Central Bank will probably cut interest rates on Oct 17 as economic growth is weak and this raises the risk that ...
Thai Government Seeks Higher Inflation Target to Enable Rate Cut
Thailand’s Finance Ministry plans to propose a higher inflation target of 1.5%-3.5% for next year, adding pressure on the ...
Eurozone inflation falls below 2% target boosting hopes of an interest rate cut
Inflation in the 20 European Union countries that use the euro slowed by 0.4% to 1.8% in September as an energy prices plunge ...
Wall Street rises with Fed minutes, inflation data in focus; Alphabet drops
The main stock indexes turned higher in a choppy trading session on Wednesday as investors awaited the minutes of the Federal ...