Did the Fed Wait Too Long to Act?
By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear ...
New York Post on MSN2d
Fed slashes interest rates by half a percentage point in bid to curb inflation without causing recession
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
Fed Officials See Cooler Inflation Ahead This Year
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
Biden touts economic gains, acknowledges a long way to go
Biden on Thursday touted the work that his administration has done in steering the nation’s economy over the last three-and-a ...
Biden Recounts His Economic Record as Interest Rates, Inflation Fall and the Dow Hits a Record
President Joe Biden denied on Thursday that he was taking a victory lap one day after the Federal Reserve cut interest rates ...
WATCH LIVE: Biden's chief economic adviser speaks at White House briefing
Jared Bernstein joins press secretary Karine Jean-Pierre at the briefing after the Federal Reserve cuts interest rates right ...