Strong US data feeds doubts about Fed December rate cut
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slowAfter a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
The "neutral rate" of interest is something most economists and Fed officials are convinced exists, but it has never been ...
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush ...
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