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.
The Lone Dissenter Inside the Fed Who Voted Against Powell’s Rate Cut
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature declaration of victory.’
After The Fed Rate Cut: Soft Landing Checklist
The reaction to the rate cut has been positive across the soft landing checklist. Odds of avoiding recession are higher following Chair Powell's aggressive start.
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 the US economy as risks to the labor market mount, marking an end to their single-minded focus on quashing inflation.
Investors cheer a soft landing scenario after Fed’s big rate cut. But they’re still keeping their guard up for a downturn.
After months of investor speculation, the Federal Reserve finally cut interest rates for the first time since March 2020.
Mind on Money: The Fed may be getting its 'soft landing'
Perhaps the most well-indicated interest rate policy change I can remember is now behind us. The Federal Reserve bank (the Fed) announced on Wednesday this week it would cut the
Fed Chair Powell was trying to make sure the stock market didn't get disappointed: Komal Sri-Kumar
Kumar, Sri-Kumar Global Strategies president, and Darrell Cronk, CIO of Wells Fargo’s wealth and investment management, join ...
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see ...
Fed's Powell says balance sheet drawdown continues amid rate cuts
Federal Reserve Chair Jerome Powell said on Wednesday still strong levels of liquidity in the financial system will allow the ...
Fed is more worried about labor market than Powell let on, William Dudley says
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non ...
Where Is Walter Williams As The Fed ‘Lowers’ Rates 50 Basis Points?
Economists with their cheerleading of Fed price controls are like the drunk doctor at the party grabbing women where they ...
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 ...
The Fed has set out on a ‘recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...