Fed’s triumph over inflation shows the need for some institutions to be free from politics
In the clamor of the campaign season, we are missing what should be a landmark event.
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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% ...
Fed Slashes Rates Aggressively With Larger Half-Point Cut: Prepare for Lower Mortgages
Fed policymakers announced the half-point rate cut on Wednesday, bringing the central bank's effective benchmark rate to ...
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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...