Ironically, Jay Powell’s speech has encouraged markets to run even faster and with more confidence
Boston Federal Reserve president says central bankers must now shift focus from inflation to jobs too
Without seeking to influence the election, the Fed chair must remind the public of some basic economic truths
July meeting minutes show ‘vast majority’ of policymakers thought move to lower borrowing costs was ‘appropriate’
At Jackson Hole, rate-setters should reflect on how to manage the cutting cycle
The Federal Reserve has brought down inflation but must now steer the economy away from recession
Institutional investors look to lock in higher yields as market prepares for Fed to lower borrowing costs
US rate-setter challenges fears of recession as global policymakers prepare for Jackson Hole meeting
High interest rates leave stagnant market with lower supply and costlier rents in swing states
And the US consumer
FOMC voting member Raphael Bostic warns central bank officials must also beware jobs market
An intensification of the trade war with China would come on top of price pressures and high interest rates
First drop below 3% since 2021 comes as Federal Reserve considers cutting interest rates in September
Checking in on the graviton particle of economics
More than $66bn has poured into fixed-income funds since start of July
Investors withdrew $2.5bn during market plunge on fears of economic slowdown and lower coupons if interest rates fall
This week’s Big Question asks readers: will the world’s largest economy still achieve a soft landing despite rising unemployment?
Panic won’t prompt an emergency rate cut and a 50-point reduction in September isn’t nailed on either
America’s economy is slowing, not plunging. But, the Fed should cut rates at its next meeting
Stock moves are not a reliable signal of looming economic downturn
Austan Goolsbee and Mary Daly say central bank will aim to ensure price stability as pressure to cut interest rates grows
S&P 500 finishes trading day down 3% after Japanese market suffers biggest drop since 1987
Data spurs traders to increase bets on Fed rate cuts this year
US central bank’s decision to hold interest rates at 23-year high criticised by economists and politicians
A bigger rate cut than the Fed envisages may be warranted in September
