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Fed 50-Basis-Point Rate Cut Could be Seen

CNN on MSN · 4h

We finally got a rate cut. Here’s what history says will happen next

So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy in its current “good shape.” Will that pan out? Only time will tell, of course, but recent history doesn’t make it look like it’s a sure shot by any means.

FOMC’s Jumbo Rate Cut: Breaking Down the Fed’s Largest Cut in Years

The Fed made an unexpected half-point rate cut, its first since 2020, as it aims to balance robust employment with its inflation target. Learn more about the economic implications, market reactions and future projections.

CBS News on MSN · 4d

The Fed cut rates for the first time in 4 years. What does that mean for your money?

The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.

Battery giant Northvolt to cut 25% of workforce in Sweden

CNBC on MSN · 2h

Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive

Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.

MarketWatch · 1h

Northvolt to Cut 1,600 Jobs in Sweden -- Update

STOCKHOLM--Troubled battery maker Northvolt will cut 1,600 jobs in Sweden, around 20% of its global workforce, confirming comments from earlier this month that job losses were expected following a period of aggressive expansion and as the global electric-vehicle market cools.

Reuters on MSN · 2h

Battery maker Northvolt to cut 1,600 jobs in Sweden

STOCKHOLM (Reuters) -Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, or around one fifth of its global workforce, as slower than expected demand for electric vehicles takes a heavy toll on the auto industry.

Bank of England on track for 1 more cut in 2024

The Financial Times · 1h

Bank of England on track for one more cut in 2024

A second cut in rates in November will most likely be followed by three quarter-point cuts in 2025. Inflation data released last week did not make the case for a faster pace of easing. It showed measures of core (excluding food,

Evening Standard on MSN · 5h

Bank says interest rates could be cut ‘gradually’ after holding at 5%

Bank says interest rates could be cut ‘gradually’ after holding at 5% - The Bank of England’s Monetary Policy Committee sounded a cautious tone in its decision to keep the UK base rate the same.

The Motley Fool on MSN · 7h

I’m considering 2 shares to buy before the Bank of England’s next interest rate cut

Interest rate cuts have become a hot topic of conversation lately. I'm considering which UK shares to buy before the next one arrives. The post I’m considering 2 shares to buy before the Bank of England’s next interest rate cut appeared first on The Motley Fool UK.

16h

What made the cut in Congress’s plan to avert a shutdown — and what didn’t

Congressional leaders have struck a deal to keep the government open past a looming Sept. 30 deadline, after a previous ...

1h

Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done

Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.

2d

Dow finishes week in record territory following Fed's interest rate cut

Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...

2d

Stock market today: US stocks end mixed but finish the week near record highs after the Fed's first rate cut in 4 years

The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest ...

5don MSN

So we’re expecting a rate cut. When will we start to see a difference in the economy?

If you’ve been anxiously awaiting financial relief from the Federal Reserve, you are about to get a rude awakening.

2d

US drillers cut oil and gas rigs for fifth week in six, Baker Hughes says

U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week, with the ...

4don MSN

Federal Reserve rate cut may boost Kamala Harris in campaign homestretch

Kamala Harris could benefit from the Federal Reserve's interest rate cut if it improves voters’ perceptions of the economy.

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