insert_link Business / Economics Local economist provides his perspective on the U.S Fed’s move to cut interest rates The U.S. Federal Reserve has implemented a significant half-percentage-point interest rate cut, exceeding typical reductions. According to Reuters, Federal Reserve Chair Jerome Powell stated the decision underscores policymakers' commitment to maintaining low unemployment as inflation continues to ease. Local economist Gabriel Erastus also provided his perspective on the move. todaySeptember 23, 2024 12
insert_link Business / Economics Fed keeps rates unchanged The Federal Reserve has left interest rates unchanged at its two-day meeting, but suggested a September rate cut could be on the cards. The central bank said inflation was getting closer to its 2% target, but there's still work to do. Sally Patterson reports from New York. todayAugust 1, 2024 23
insert_link World Federal Reserve minutes in focus in shortened trading week Minutes from the Federal Reserve's last meeting will dominate attention in what is slated to be a quiet trading week on Wall Street. William Denselow reports from New York that markets will be closed for Thanksgiving on Thursday and traders will be hoping for positive news heading into the holiday. todayNovember 20, 2023 12