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Fed cuts interest rate by a quarter point as government shutdown clouds economic outlook
Fed cuts interest rate by a quarter point as government shutdown clouds economic outlook

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.“Job gains have slowed this year, and the unemployment rate has edged up but remained low through August,” the Fed said in a stat... Read more

Fast Company - Oct 29
Fed's Bowman does not comment on monetary policy or economic outlook
Fed's Bowman does not comment on monetary policy or economic outlook

Fed's Bowman is making opening remarks at the 2025 Community Banking Research Conference. Bowman did not comment on monetary policy or economic outlook in her opening remarksBowman dissented 2 months ago at the Fed meeting for a rate cut. She voted for a 25 basis point cut at the last meeting. We... Read more

Forexlive - Oct 07