But when fresh data this Friday showed the job market is more robust than even the Fed chair thought, some analysts saw it as an opportunity to engage in what Philipp Carlsson-Szlezak, Boston ...
While many forecasters still see firm odds for a 25 basis point cut next month, some commentators have suggested the latest jobs report shows the Fed doesn't have to cut rates at all in November.
Many people might have been hearing from lenders earlier this month about the Fed’s looming cuts. And briefly, one measure of mortgage rates did drop a bit in the aftermath of the half-point ...
In comments this week Fed Chair Jerome Powell had noted the "tension" between steady economic growth and a perceived weakening of the job market, and said it was likely jobs data would prove a ...
In doing so, it probably took away the argument for a big rate cut at the Fed’s next meeting, in early November. Fed policymakers lowered interest rates by half a point in September, an ...
The Fed reported that as of Wednesday, the level of its so-called earnings remittance to the Treasury Department stood at negative $201.2 billion. The number represents a paper loss that central ...
Federal Reserve Chair Jerome Powell said Monday the Fed can help regional and local banks in hurricane-affected areas of the country make sure they have enough cash on hand for their customers ...
“Disinflation has been broad-based, and recent data indicate further progress toward a sustained return to 2%,” the Fed’s targeted inflation level, Powell said in remarks prepared for ...
As the Fed's cutting cycle pulls down short-term yields, money market investors will search for new sources of income. Dividend-yielding stocks will benefit from this transition, Subramanian said.
"With the mid-point of the 2020s only three months away, and the final stage of the post-pandemic normalization underway with the start of Fed rate cuts, it's no longer too soon nor too optimistic ...
The cut is made more notable by the first dissent from a Fed governor in nearly 20 years, with Michelle Bowman voting instead for a quarter-percentage-point cut. This dissent is a welcome development.