Fed Minutes Reveal Divide Over Size of September Rate Cut
Wednesday, pulled back the curtain on deliberations over why officials chose to make their first rate reduction since 2020 ...
Fed decision to go big on rate cut was not a slam dunk
The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve ...
Fed minutes show a 'substantial majority' backed half-point cut
A "substantial majority" of Federal Reserve officials supported the half-percentage point interest rate cut at the September meeting, according to minutes of the meeting released Wednesday. Prior to ...
USA Today17d
Why Fed rate cuts may juice the stock market and your 401(k)
Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market. Large rate cuts – such as those Fed officials approved and ...
Fed minutes show big rate cut favored by ‘substantial majority’ with inflation slowing
Some” participants, however, supported only a quarter-point cut, while “a few others indicated they could have supported such ...
Fed officials argue half-point cut was not evidence of a less-favorable outlook
Federal Reserve officials stressed about their half-percentage point rate cut in September, according to the minutes of their meeting. First, officials underlined that the aggressive cut "should not ...
Some FOMC members backed a 25-bp rate cut, meeting minutes show
Some Federal Open Market Committee participants would have preferred a 25-basis point cut, according to the minutes of the ...
Fed's Musalem argues for more rate cuts, says data to drive easings
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy ...
Fed Governor Kugler to support further rate cuts if disinflation continues
Federal Reserve Governor Adriana Kugler "strongly supported" the central bank's decision last month to cut rates by half a ...
Nasdaq21d
Why the Fed Rate Cut Won’t (Dramatically) Lower Mortgage Rates
The wait is finally over. For the first time since March 2020, the Federal Reserve has cut short-term interest rates. On Wednesday, Fed Chairman Jerome Powell announced the central bank would ...