Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
Carlyle Group Inc.’s Jason Thomas is urging investors to prepare themselves for a potential resurgence of inflation that ...
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...
SINGAPORE - GIC group chief investment officer Jeffrey Jaensubhakij has warned that the market exuberance following its ...
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
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