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The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The Fed's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive ...
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U ...
The San Bernardino Sun1d
Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
You might recall that in March 2022, the Fed began a battle against four-decades-high inflation with pricier financing.
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
Morningstar2d
Inflation hangs over the Fed as it prepares to cut interest rates
Federal Reserve Chair Jerome Powell is overseeing the beginning of the end of the sharpest U.S. central-bank tightening cycle since former Fed Chair Paul Volcker whipped inflation in the early ...
Sterling rises after UK inflation data and ahead of Fed
The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...