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Fed’s Bowman Says Big Rate Cut Could Be Seen
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.
Fed’s Waller Sees More Rate Cuts, Inflation Below 2%, and a Strong Economy Ahead
We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during an interview with CNBC on Friday. Waller has se
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the US economy a soft landing.
1d
on MSN
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
1d
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
1d
Japan Inflation Firms To 2.8% Ahead Of BoJ Rate Decision
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours ...
2d
Ukraine Extends Interest-Rate Pause as Inflation Flares Up
Ukraine’s central bank left interest rates unchanged for a second straight meeting in a sign that policymakers won’t tolerate ...
1d
on MSN
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
13h
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 ...
1d
on MSN
US homebuilder stocks surge on hopes for demand boost after Fed rate cuts
By Pratyush Thakur (Reuters) -Shares of major U.S. homebuilders rose in early trading on Thursday as the Federal Reserve's ...
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