Carlyle’s Thomas Says a 4.5% Fed Rate Stands to Be ‘New Normal’
Carlyle Group Inc.’s Jason Thomas is urging investors to prepare themselves for a potential resurgence of inflation that ...
Morningstar2d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
The Fed’s decision Wednesday implies that the main battle against high inflation has been won, and all that’s left is ...
syracuse.com19h
Fed signals end to inflation fight with a sizable half-point rate cut
Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% ...
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
The Fed Rate Cut, Puncturing The Phillips Curve Myth
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
WBUR10h
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Sensex, Nifty Give Up Early Gains Before Fed Decision
Indian shares gave up early gains to end modestly lower on Wednesday as investors waited for the U.S. Federal Reserve's first cut to ...