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US Fed Interest Rate Cut Steals Show
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.
What’s Next After The Fed’s Big Interest Rate Cut?
Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and more.
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
Intelligencer on MSN
3d
How Jerome Powell Got The Fed To A Big Half-Point Cut
Would Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or ...
2d
Fed Meeting: Interest-Rate Decision, Economic Projections, Powell's Speech, and What Else to Expect
Investors and economists will find out on Wednesday whether the Federal Reserve sees the greater risk to the employment or ...
2d
on MSN
High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell
For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the ...
45m
Fed's preferred inflation gauge and second quarter GDP: What to know this week
Stocks, however, still posted overall wins for the week. The S&P 500 ( ^GSPC) ended the week up about 1.4%. The Dow Jones ...
3d
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, ...
3d
Powell Doesn’t See Signs of Recession Risk in US Economy
Fed watchers are uncertain about whether the FOMC will cut by a quarter or half percentage-point in part because, as Chris ...
2d
Biden met with Fed Chair Powell, Treasury Secretary Yellen in May 2022
President Biden met in the Oval Office with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen in May ...
Check Your Fact on MSN
1d
FACT CHECK: Joe Biden Incorrectly Claims He Has Not Spoken To Federal Reserve Chair Powell Since He Became President
President Joe Biden said in Sept. 19 remarks that he hasn’t spoken with Federal Reserve Chairman Jerome Powell since he ...
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