Commercial Observer4h
Sunday Summary: This Is the Jerome Powell We’ve Been Waiting For!
CRE was overjoyed by the Federal Reserve's 50 basis point cut, Andy Jassy's return to work edict and some big Bronx sales.
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...
WBUR3d
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Fed Slashes Rates Aggressively With Larger Half-Point Cut: Prepare for Lower Mortgages
The Federal Reserve has issued its first interest rate cut in four years, kicking off an easing cycle that is already making ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...