Fed, Bostic
Fed officials say risks to jobs warranted rate cut as debate shifts to pace of easing
The U.S. economy is close to normal rates of inflation and unemployment and the Federal Reserve needs monetary policy to "normalize" as well, Atlanta Federal Reserve president Raphael Bostic said Monday in comments that suggested openness to a quick pace of interest rate cuts in coming months.
Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
Stock Market Today: Dow struggles for direction after Fed rate-cut rally
The Federal Reserve's big rate cut has given investors reasons to be cautiously optimistic about stocks, despite "stretched valuations," according to Seema Shah, chief global strategist at Principal Asset Management.
Fed's Goolsbee sees 'many more' rate cuts ahead
Federal Reserve Bank of Chicago President Austan Goolsbee on Monday said he expects "many more rate cuts over the next year" as the U.S. central bank seeks a soft landing for the economy, where it controls inflation without crashing the labor market.
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.
Stock Market Today: Dow futures level off after Fed rate cut rally
Benchmark lending rates in the wake of the Federal Reserve's big rate cut last week, its first in four years, have been trudging higher. The 10-year Treasury yield was at 3.76% on Monday, about 18 basis points above its 2-year counterpart,
Fed’s Goolsbee Sees ‘Many More’ Rate Cuts Over the Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said interest rates need to be lowered “significantly” to protect the US labor market and support the US economy.Most Read from BloombergThe Moonshot Plan to Eliminate Deaths on America’s RoadsAOC Proposes $30 Billion Social Housing AuthorityUnlocking the Hidden Power of Zoning,
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.
Atlanta Fed's Bostic Says Easing Inflation Justified Half-Point Cut
Atlanta Federal Reserve President Raphael Bostic said signs that inflation was heading closer to the Fed's 2% target prompted him to vote for a half-point rate cut at the central bank's meeting last week.
Fed’s Bostic Sees a U.S. Economy Ready for Neutral Interest Rates
A U.S. economy that is rapidly returning to normal demands interest rates that are more normal too, Federal Reserve Bank of Atlanta President Raphael Bostic argued on Monday morning. With inflation closing in on the Fed’s target and the labor market in better balance,
Fed's Bostic Sees Large Rate Cut Bolstering Labor Market
Federal Reserve Bank of Atlanta President Raphael Bostic says a large move to start the central bank's cutting cycle will help bring interest rates closer to neutral levels as the risks between inflation and employment become more balanced.
Fed Sees Its Inflation Fight
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Nasdaq, S&P, Dow tick higher following last week's Fed decision on a 50bp rate cut
Traders and investors observe an uptick in Wall Street’s major market averages on Monday, as market participants continue to ...
Fed rate cuts will put money in pockets, but a mood shift may take time
Even before the Federal Reserve approved its outsized half-percentage-point interest rate cut last week, financial markets ...
Gold strikes record high as Fed rate cut maintains bullish mood
Gold rose on Monday to an all-time high, as bullish market sentiment after the U.S. Federal Reserve cut interest rates last ...
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 ...
What the Fed’s rate cut could mean for you
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
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 ...