Trump tariffs’ impact, weak jobs market: The Fed’s rate cut rationale AxiosView Full Coverage on Google News Source link
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Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell said Tuesday that weakness in the labor market is outweighing concerns about stubborn inflation, leading to a decision he …
Read More »Dow rises, S&P 500 and Nasdaq slip as Powell speaks for first time since cut
The US manufacturing and services sectors grew less than expected in September, according to S&P Global’s US Flash PMI reading. The S&P Global US Manufacturing PMI hit 52, below the 52.2 expected by economists polled by Bloomberg and the reading of 53 last month. Meanwhile, the US Services PMI was 53.9, below the reading of 54 expected and 54.5 last …
Read More »Hindsight could give the Fed a stern lesson on its rate cut
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters The U.S. personal consumption expenditures price index for August comes out Friday. The Federal Reserve will hope the report shows headline inflation is either in …
Read More »Weight-loss drugs can cut future health costs. The fight is over who pays now. – The Washington Post
Weight-loss drugs can cut future health costs. The fight is over who pays now. The Washington Post 13 kgs lost in 4 months – how new weight-loss shots are changing lives The Times of India Delaware report shows growing use of GLP-1 meds are driving increased spending, not drug price tags WHYY AI, Personalized Medicine, and GLP-1 Receptor Agonists Reshape Pharmaceutical Commercialization Strategies geneonline.com …
Read More »Gold at record high as further Fed rate cut hopes spur investor demand – Reuters
Gold at record high as further Fed rate cut hopes spur investor demand Reuters Gold Holds Just Below Record as Traders Wait for Rate-Path Clues Bloomberg.com Gold price target of $6,600 is now reasonable, says Jefferies’ Chris Wood. Here’s why The Economic Times Gold Price Prediction: This Is How Much 10 Grams Could Be Worth In 7 Years News18 Gold drifts higher with spotlight …
Read More »Don’t Risk Next Year’s Blooms — When and How to Cut Back Phlox the Right Way
Key Points Cut back creeping phlox right after it finishes blooming in spring if pruning at all. Wait until fall frost kills tall phlox before pruning to the ground; fall pruning is keeps powdery mildew at bay. Regular deadheading and light trimming encourage bushier growth, extend blooming, and keep plants tidy. If your phlox plants look bedraggled or you’ve been …
Read More »Longer-Term Treasury Yields & Mortgage Rates Jump after Rate Cut, Yield Curve Steepens, Bond Market Gets Edgy
Bond market reacts to inflation expectations and supply of new bonds, not the Fed’s policy rates. By Wolf Richter for WOLF STREET. The 10-year Treasury yield closed at 4.14% on Friday, after having dropped briefly below 4.0% on September 11 (closing at 4.01%). On Wednesday last week, during an algo-driven moment, it also dropped to 4.0%, from 4.05%, then jumped right back to …
Read More »China leaves benchmark lending rates unchanged as expected, despite Fed rate cut
BEIJING, CHINA – OCTOBER 12: The People’s Bank of China (PBOC) building is pictured on October 12, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China kept its benchmark lending rates unchanged for the fourth month in a row on Monday despite the U.S. Federal Reserve’s interest rate cut last week. The People’s Bank of China …
Read More »Now that the Fed has cut rates, investors can focus on what really matters for markets – MarketWatch
Now that the Fed has cut rates, investors can focus on what really matters for markets MarketWatch Stock market today: Dow, S&P 500, Nasdaq hit records as rate-cut relief, Nvidia’s Intel bet lift markets Yahoo Finance Fed interest rate cut finally comes and Wall Street swoons Detroit Free Press Stocks finish week higher; Wall Street at record highs Reuters Tech Stocks Shudder as Rate …
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