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Strong jobs report puts aggressive rate cuts by the Fed
Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake'
Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake," in hindsight.
Fed seen slowing rate cut pace after strong US jobs data
A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick to gradual cuts going forward, traders bet on Friday.
Suze Orman: What a Fed Rate Cut Means for Your Finances
Since the onset of the COVID-19 pandemic, there's been rampant 40-year record high inflation that is just now starting to cool down. As inflation is improving, the Federal Reserve is taking action.
1h
Here's How Much Less Your Savings Account Is Worth After the 0.50% Rate Cut
Can you still earn high yield on your savings after the Fed's 0.50% rate cut? A few banks still have competitive APYs. See ...
15h
US dividend ETFs bask in investor attention after jumbo Fed rate cut
U.S. exchange-traded funds (ETFs) that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal ...
3d
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the ...
1d
on MSN
RBI expected to hold policy rates in October despite Fed rate cut, experts say
While the US Federal Reserve delivered a 50 bps rate cut, the Reserve Bank of India is expected to hold policy rates steady ...
2d
Dollar hits one-month peak to yen as Fed seen taking time with rate cuts
The dollar rose to a one-month high versus the yen on Thursday as robustness in the U.S. jobs market backed the idea that the ...
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