How Big Will the Fed Rate Cut Be? Officials Need to Strike a Balance.
Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts.
Posted inFederal Reserve System Harris, Kamala D Interest Rates internal-storyline-no Mortgages Powell, Jerome H Presidential Election of 2024 Standard & Poor's 500-Stock Index Stocks and Bonds Trump, Donald J United States Economy Warren, Elizabeth
Why Uncertainty Still Hangs Over the Fed’s Rate Decision
Investors, economists and politicians are at odds over whether the central bank should cut interest rates by a quarter-point, or more.
Posted inBiden, Joseph R Jr Federal Reserve System Harris, Kamala D Inflation (Economics) Interest Rates Mortgages Presidential Election of 2024 Prices (Fares, Fees and Rates) Trump, Donald J United States Economy White House Council of Economic Advisers
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race
Posted inFederal Reserve System Interest Rates Nasdaq Composite Index Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy
Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.