Fed Taunts Inflation Demons With Quantitative Easing

Ben has decided and now we await results of the Federal Reserve's $600 billion action to stimulate a stagnant economy.

Topics:  federal reserve   
BING NEWS:
  • Inflation falls to 3-year low as Fed prepares to cut interest rates next week
    Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Prices rose 2.5% in the 12 months ending in ...
    09/11/2024 - 1:10 pm | View Link
  • U.S. Inflation Rate Hits 3-Year Low as Fed Prepares Rate Cut
    Inflation hit a three-year low in August, paving the way for the Federal Reserve to cut interest rates next week. Consumer prices rose 2.5% on last year, according to the Labor Department, which ...
    09/11/2024 - 2:10 am | View Link
  • Inflation Remains Subdued, as Fed Preps Rate Cut
    U.S. inflation slowed to 2.5 percent in the year through August, but beneath the surface the details suggested that the costs of key categories, like housing, were stubborn. 10 Inflation 8 6 +3.2% ...
    09/10/2024 - 1:00 pm | View Link
  • Fed’s Daly backs gradual interest rate cuts as inflation ‘confidence’ mounts
    Mary Daly, president of the San Francisco Fed, told the Financial Times that recent economic data have given her “more confidence” that inflation is under control. It is time to consider ...
    08/17/2024 - 1:00 pm | View Link
  • Year-over-year inflation hits lowest level in three years, clearing way for Fed to begin cutting rates
    WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the ...
    08/14/2024 - 3:00 am | View Link
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