How independent should the Federal Reserve be? The general consensus in the wake of the Great Recession has been that the nation’s central bank should operate in a politically sterile environment, pulling whatever levers are necessary to ensure the economy gets back on track -- whether that means slashing interest rates to zero or pumping $4 trillion into the recovery.

Topics:  federal reserve   great recession   fed   central   bank   
BING NEWS:
  • How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
    The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed focus on supporting the job market.
    09/20/2024 - 4:14 am | View Link
  • I Worked for the Fed. The Interest Rate Cut Is Only One Step in a Larger Plan.
    The agency’s bold decision to cut its policy interest rate significantly affirms its commitment to keep the labor market strong.
    09/19/2024 - 8:04 am | View Link
  • Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
    Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
    09/19/2024 - 5:28 am | View Link
  • This part of the Treasury market may move the most on a Fed interest-rate cut
    Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...
    09/18/2024 - 10:25 am | View Link
  • Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
    Fed Chairman Jerome Powell indicated that exaggerated employment gains since 2023 contributed to the central bank's larger interest-rate cut. The U.S. added 818,000 fewer jobs from the spring of 2023 ...
    09/18/2024 - 9:06 am | View Link
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