17-18 meeting. FED'S POWELL: ‘THE TIME HAS COME’ FOR INTEREST RATE CUTS Barkin said he was taking a "test-and-learn" approach to rate reductions, likely pointing to his support for an initial ...
For release at 2:00 p.m. EDT September 18, 2024 Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up ...
For example, some sectors and industries historically outperform in lower-rate environments. If Fed rate cuts continue to occur as expected during the final months of 2024 and into 2025 ...
US FIRMS' ‘LOW FIRING’ APPROACH COULD TURN TO MORE LAYOFFS, FED'S BARKIN WARNS Another food manufacturer wrote, "Agriculture is hurting. No farm bill, weather and falling prices for our ...
Protecting against downside risks to the job market is one reason reductions in the Fed's benchmark policy rate are now all but certain to begin at the central bank's Sept. 17-18 meeting.
The U.S. economy is on track to expand at a 2% pace in 2024 and repeat that level of growth for the next three years, the Fed predicted. The Fed slightly lowered its estimate for gross domestic ...
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