Fed, inflation and Interest rate
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While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.
The Federal Reserve is on "autopilot" of steady rate cuts until its benchmark rate gets closer to 3.5%, said Ashok Bhatia, head of fixed income at Neuberger Berman. "I don't think there's a lot constraining the Fed.
Consumer inflation picked up less than expected in September, which should help Federal Reserve officials justify interest-rate cuts to help the weakening job market. The consumer price index climbed 3% year over year in September,
Friday's consumer-price index report likely leaves the Federal Reserve on course to cut interest rates next week and to maintain a soft bias favoring another cut at the meeting after that. Fed leaders
A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.
Krishna Guha, Evercore ISI vice chairman, joins 'The Exchange' to discuss Guha's thoughts on inflation, how employment plays into the Fed's mandate and much more.
The Fed’s next move comes amid increasing fears of weakness in the labor market; lower borrowing costs could help spur business activity and create more jobs. However, the rate cut decision arrives as inflation remains above the Fed’s target level, and rate cuts could mean upward pressure on prices.
Happy Feet was kept in a doghouse that his owners only checked once every 2 weeks, with only a dish of rainwater to drink and no food.