Stocks Rally a Day After Fed’s Big Interest Rate Cut
Posted inBanking and Financial Institutions Federal Reserve System Powell, Jerome H Regulation and Deregulation of Industry Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Stocks Rally a Day After Fed’s Big Interest Rate Cut

The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing record.
Has the Fed Pulled Off the Elusive Soft Landing?
Posted inFederal Reserve System Furman, Jason Harris, Kamala D Inflation (Economics) Interest Rates internal-storyline-no Labor and Jobs Powell, Jerome H Presidential Election of 2024 Trump, Donald J Tuberville, Tommy United States Economy

Has the Fed Pulled Off the Elusive Soft Landing?

Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.
After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
Posted inAmerican Jobs Plan (2021) Biden, Joseph R Jr Brainard, Lael Federal Reserve System Harris, Kamala D Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Presidential Election of 2024 Prices (Fares, Fees and Rates) Stimulus (Economic) United States Economy United States Politics and Government Zients, Jeffrey D

After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength

The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.