Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
The Fed’s cut won’t be immediately felt by everyone, but for some it is the start of a big change.
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
11hon MSN
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
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