Articles about “interest rates”
Federal Reserve cuts US key interest rate
As expected, the US Federal Reserve lowered the key interest rate by 0.25 percentage points yesterday. Chief economist Gerhard Winzer analyzes the interest rate decision and statements by Federal Reserve Chairman Jerome Powell.
Weekly Winzer: Powell opens door to interest rate cut
US Federal Reserve Chairman Jerome Powell signalled a possible interest rate cut in September in Jackson Hole. The markets reacted immediately with price gains – but there is more to his words than pure monetary policy. The Fed is caught between inflation risks, a weaker labour market and growing political pressure.