The Fed Cuts Again: a new piece of theatre
The Federal Reserve, ever anxious to appear both decisive and contemplative, has delivered its third consecutive rate cut, trimming another 25 basis points from the...
Tag: Jeff Schmid
Fed Minutes: Hawks Circle as Cuts Lose Altitude
Many Federal Reserve officials judged that holding interest rates steady for the rest of 2025 would be the sensible, or at least the least regrettable,...
Fed Hawks Rebel as Powell’s Grip Slips
Three senior Federal Reserve officials have publicly distanced themselves from this week’s rate cut, underscoring the widening rift within the US central bank, and quietly...
Fed Splits Set to Widen as the Cut-Happy Camp Meets Reality
The Federal Reserve is poised to deliver a second consecutive rate cut this week to shore up a fragile labour market, but extending the easing...