The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong labor market.
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Investors are pouring money into corporate bonds, risk premiums are grinding tighter, and the Federal Reserve’s interest rate ...
The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.
Gold’s relentless rally got an added jolt this week from the Federal Reserve’s long-awaited interest-rate cut, but some ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Vice President Kamala Harris’ campaign blasted Donald Trump for criticizing the Federal Reserve’s first rate cut in four ...
I am a little more skeptical than other people. I give it lower odds.” ...
The Federal Reserve's rate cuts do not directly set consumer interest rates, which are determined by market and institutional ...
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