News list for " article stated"

Nick Timiraos, the Fed's mouthpiece, wrote that July's CPI data cleared the way for the Fed to start cutting interest rates at its next meeting. With the labour market showing signs of potential weakness recently, the debate at the Fed's September meeting will focus on whether to cut rates by 25 basis points in the traditional way, or a larger 50 basis points. Wednesday's inflation data does not resolve that debate. On the contrary, the debate can...

2024-08-14 21:40:42