The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
CNBC - 2024-05-01T10:07:48.000Z

The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.

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The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says
"The next stage of the policy cycle is a weakening of the labor market. Once it starts gradually weakening, it then weakens more sharply. I think that's exactly what's playing out now."
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- 2024-05-05T22:21:48.000Z
U.S. Fed to meet amid dwindling hopes of summer rate cuts
WASHINGTON — The U.S. Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts. The Fed's decision to hike interest rates and then hold them at a 23-year high has helped to significantly lower elevated inflation, although it remains stuck firmly above the U.S. central bank's long-term target of two percent.
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- 2024-04-28T04:19:31.000Z
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children in different states. She’s planning multiple other trips, including to a science fiction convention in Scotland and a Disney cruise soon after that, along with a trip next year to neolithic sites in Great Britain. “I really have more money to spend now than when I was working,” said Harris, 64, an engineer who worked 29 years for the federal government and lives in...
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- 2024-04-29T18:48:52.000Z

In related news

The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says

U.S. Fed to meet amid dwindling hopes of summer rate cuts

Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts