What’s Next After The Fed’s Big Interest Rate Cut?
Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and ...
Fed governor explains dissent from 50 basis point rate cut
Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, ...
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
FOMC’s Jumbo Rate Cut: Breaking Down the Fed’s Largest Cut in Years
The Fed made an unexpected half-point rate cut, its first since 2020, as it aims to balance robust employment with its ...
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The Lone Dissenter Inside the Fed Who Voted Against Powell’s Rate Cut
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature ...
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner: Reuters poll
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
Fed cuts interest rate; what it means for you
The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's what it means for you.
Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon
Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling ...
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A Fed Interest Rate Cut (0.25%) Is (Probably) Coming in September 2024 -- Here's What It Means for Your Bank Account
The Fed Reserve is likely to cut interest rates by 25 basis points (0.25%) in September 2024. Lower interest rates mean lower borrowing costs for consumers and companies -- and lower yields on ...