News list for "New fed"

Nick Timiraos, a well-known financial journalist known as the "New Fed News Agency", wrote that the August inflation data paved the way for the Federal Reserve to gradually cut interest rates next week, but a significant 50 basis point rate cut is not expected. Firmer housing inflation led to a slightly higher than expected increase in core prices in August, which may make it harder for Fed officials to push for a larger 50 basis point rate cut at next week's Fed meeting. However, some...

2024-09-11 18:16:03