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Fed, rate cut
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home improvement spending.
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the health of the labor market ahead of their rate cut decision.
7h
on MSN
The Fed Has Set Out On A ‘Recalibration’ Of Policy. Here’s What Powell’s New Buzzword Means (Video)
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
1d
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
16h
on MSN
Has Jerome Powell managed the impossible, or was it just luck?
Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...
1d
Fed Opts for Outsize Cut as Powell Seeks to Ensure Soft Landing
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...
17h
on MSN
Biden falsely claims he's never spoken to Federal Reserve Chairman Jerome Powell as president
President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...
1d
Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates
The momentous move by the Fed helps financial markets in two big ways. It eases the brakes off the economy, which has been ...
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interest rates
Economy of the United States
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