The Federal Reserve cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” WSJ’s Nick Timiraos explains the central bank’s split outlook. Watch below. [...]Read More... from Federal Reserve Cuts[...]
Tag: Federal Reserve
News |
Fed lowers interest rates, signals more cuts ahead; Miran dissents
The Federal Reserve has shifted course, cutting interest rates for the first time since December as concerns about a weakening job market take center stage. Chair Jerome Powell emphasized the growing risks of higher unemployment—particularly among young and minority workers—while balancing inflation[...]
News |
Farm finances weakened further during the growing season| Federal Reserve Bank of Minneapolis
Fields may look healthy across the Upper Midwest, but the balance sheets tell a different story. Lenders in the Minneapolis Fed’s Ninth District say farm incomes are sliding for the second straight year, squeezed by high costs and weak grain prices. Equipment[...]
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The Fed held interest rates steady despite pressure from Trump
The Fed held interest rates steady this week, resisting political pressure and signaling a wait-and-see approach as economic growth slows and inflation lingers. While Fed Chair Jerome Powell described the economy as “solid,” cracks are showing—consumer spending is down, credit delinquencies are[...]
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Inflation heats up in June as President Trump’s tariffs start to bite
Prices are rising again, and it’s looking increasingly like tariffs are the culprit. The latest numbers show a 2.7% jump in consumer prices over the past year, with noticeable increases in rents, clothing, and household goods. With the impacts of the trade[...]
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Fed holds interest rates steady, still sees 2 cuts coming this year
Even as inflation shows signs of cooling, the Federal Reserve isn’t ready to ease up just yet. With interest rates holding steady for a fourth straight meeting, Fed officials now predict inflation will tick back up before the year ends—though they still[...]
Curio |
Who Is “The Fed”, and How Does It Affect Your Finances?
Ten people who serve on the Federal Reserve Bank’s Federal Open Markets Committee have more impact on our lives than most of us realize. This article is a great short primer on the organization that has a huge say in the economic[...]