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Tag: Monetary Policy

The Federal Reserve could cut interest rates, which is good news for your auto loans

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The Federal Reserve could cut interest rates, which is good news for your auto loans

photo: Justin Sullivan (Getty Images) Jerome Powell, Chairman of the Federal Reserve, said this morning The Inflation is on the way down again to a reasonable level – levels that would enable the reserve to Reduction in interest rates on overnight loans between banksThis change may have an impact everything from mortgages to credit cardsBut […]

Opinion | With the upcoming US interest rate cuts, the glass looks half full again

Posted on | Posted on Theodore | Leave a Comment on Opinion | With the upcoming US interest rate cuts, the glass looks half full again
Opinion | With the upcoming US interest rate cuts, the glass looks half full again

One day before the Jackson Hole symposium, the Fed released the minutes of its last meeting of the Federal Open Market Committee. US interest rates unchanged at 5.25-5.5 percent. It said the “growth outlook for the second half of 2024 has been revised downwards largely due to weaker-than-expected labor market indicators.” However, the “overwhelming majority” […]