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The assumption is that the economy will chug along and that borrowing costs will fall. But they might not. What makes these riskier stocks attractive?
“Inflation has eased over the past year but remains over our longer run goal of 2%,” Powell said
The modest cut — to a range of 1.75% to 2% — irritates Trump, who has insisted on more aggressive action.
Kai Ryssdal checked in with Austin Golding, a small business owner in Mississippi.
A global economic meltdown caused the last rate cuts. Today, the economy is far from that point.
Kai Ryssdal spoke with a former Fed governor about what it’s like to be in the room when the FOMC makes a major decision.
The Federal Reserve announced today that it has cut interest rates, causing stocks to fall slightly.
Markets are ready for a cut. And that might be coming — but not just because of the markets.