Fed Cuts Rates Again Amid AI Fears and Data Blackout
The Fed lowered its benchmark interest rate on Oct. 29 to boost jobs amid inflation risks, data blackout, and AI concerns. What does this mean for the economy?
Stay informed, stay connected—news for amigos everywhere.
The Fed lowered its benchmark interest rate on Oct. 29 to boost jobs amid inflation risks, data blackout, and AI concerns. What does this mean for the economy?
The US Fed cut its key rate to 3.75–4% amid a month-long government shutdown, aiming to support growth even as uncertainties rise.
The Fed cuts rates by 25bps to 4.004.25%, first cut since Dec 2024. What this means for young investors and the U.S. economy.
Weak U.S. labor data in August, with higher unemployment and slow hiring, amps up bets on a Fed rate cut in September.