Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
The National on MSN55m
US Fed's lone dissenter worries large rate cut a 'premature declaration of victory'
The lone dissenting member of the US Federal Reserve's 50-basis point cut called for a more measured approach to cutting ...
Week Ahead for FX, Bonds: U.S. PCE Inflation Data, Australia Rate Decision
Attention will switch back to economic data for indications on how fast U.S. interest rates will fall from here.
Produce Blue Book1h
Walmart gets the jump on holiday promotion announcements
Walmart announced its holiday promotions "earlier than ever" this year, citing consumers starting their shopping as early as ...
Vail Daily2h
Is the Fed’s interest rate cut a turning point for Colorado’s housing market?
A stagnant Colorado housing market could benefit from what is expected to be a series of ongoing cuts to the federal interest ...
Social Security's COLA provides invaluable protection
Social Security's COLA is one of the most valuable aspects of the program's design. It has always provided invaluable protection. Even an inflation rate as low as 2% cuts the purchasing power of a ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this ...
Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut
Federal Reserve Governor Christopher Waller said Friday that it was the August inflation data released during the Fed’s ...
Minnesota adds 14,400 jobs in August, highest monthly total in 2 years
Minnesota added 14,400 jobs in August, the largest monthly gain since July 2022, the Minnesota Department of Employment and Economic Development said Thursday, Sept. 19. The state's unemployment rate ...
montanarightnow3h
Unemployment rate in Helena slightly increases but remains below national average
Montana's unemployment rate rose 0.1% to 3.2% in August, staying a percentage point below the national average of 4.2%. The ...
As The Fed Cuts Rates By 50 Basis Points, Is Another Jumbo Cut On The Way?
As it announced its 50 basis point interest rate cut, the U.S. Fed said it was confident inflation was on a clear path to 2%.
minnesotareformer4h
Nearly 1 in 10 Minnesota workers may be misclassified — and other labor news
Take a seat in the Break Room, our weekly round-up of labor news in Minnesota and beyond. This week: Nearly 1 in 10 Minnesota ...