This is a news story, published by CNBC, that relates primarily to Powell news.
For more Powell news, you can click here:
more Powell newsFor more interest rates news, you can click here:
more interest rates newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
first Fed rate cut. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Federal Reserve news, Federal Reserve Chair Jerome Powell news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Federal Reserve rateCNBC
•
83% Informative
Fed Chair Jerome Powell doesn't see the risk of an economic downturn being "elevated" following the super-sized rate cut.
Fed Governor Michelle Bowman called for a quarter -point cut instead.
Powell : "There was a lot of discussion back and forth, there was also broad support for the decision".
Fed Chair Jerome Powell says job growth slowdown 'bears watching,' Powell says.
Some investors believe the Fed may have jumped the gun with a rate cut that was too big, too soon for the current backdrop.
Half -point rate cuts are rare in recent history except for emergency cuts during crisis events, investor says.
Powell : Inflation is now much closer to our objective, and we have greater confidence inflation is moving sustainably toward 2% .
S&P 500, Dow surge to fresh all-time highs after Fed 's big rate cut.
BlackRock 's Rick Rieder says to take advantage of 'golden age' of fixed income.
Investors should buy yield "and just watch it do its thing," he says.
VR Score
90
Informative language
94
Neutral language
51
Article tone
formal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links