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Fed's Kugler Says Rate Cut May Be Appropriate Later This Year
Federal Reserve Governor Adriana Kugler says it would be appropriate to lower borrowing costs “later this year” if inflation continues to moderate alongside a cooling yet resilient labor market. She speaks during an event hosted by the National Association for Business Economics in Washington.
Slowing Inflation, Labor Market Open Door for Rate Cuts, Fed's Kugler Says
More progress on reducing inflation and signs of growing softness in the U.S. labor market would pave the way for interest-rate reductions later in 2024, Federal Reserve Gov. Adriana Kugler said on Tuesday.
Among Small-cap Stocks, Morgan Stanley Adds Preference for Growth Over Value
Dow Notches Record Closing High, Small Caps Surge on Rate Cut Bets
NEW YORK (July 17): Wall Street stocks rose and the Dow Jones Industrial Average hit an all-time closing high on Tuesday after U.S. retail sales data supported the view that the Federal Reserve is approaching its easing cycle, reining in inflation while avoiding a recession.
Express News | Former President Donald Trump Wants To Bring Corporate Tax Rate To As Low As 15%, And He No Longer Plans To Ban TikTok
Express News | Former President Donald Trump Says Fed Should Abstain From Cutting Rates Before November Election
102496198 : Bubble bursting soon