Metropolitan Digital

Men's Weekly


.

Fed slashes rates by a half-point – what that means for the economy and the presidential election

  • Written by Michael Walden, Professor and Extension Economist, North Carolina State University
Fed slashes rates by a half-point – what that means for the economy and the presidential electionAll smiles as Fed Chair Jay Powell signals he's confident he's winning the inflation fight. AP Photo/Ben Curtis

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been...

Read more: Fed slashes rates by a half-point – what that means for the economy and the presidential election

More Articles ...

  1. Pagers and walkie-talkies over cellphones – a security expert explains why Hezbollah went low-tech for communications
  2. Preventive care is free by law, but many Americans get incorrectly billed − especially if you’re poor, a person of color or don’t have a college degree
  3. What the jet stream and climate change had to do with the hottest summer on record − remember all those heat domes?
  4. What James Earl Jones can teach us about activism and art in times of crisis
  5. To American revolutionaries, patriotism meant fair dealing with one another
  6. UN’s pact to protect future generations will be undermined by Security Council’s veto and its use in cases of mass atrocity
  7. Why Pennsylvania is the key to a Harris or Trump Electoral College victory
  8. Young professionals are struggling to socially adapt in the workplace – educators can help
  9. Abortion rights are on 10 state ballots in November − Democrats can’t count on this to win elections for them
  10. How the Israeli settlers movement shaped modern Israel
Metropolitan republishes selected articles from The Conversation USA with permission

Visit The Conversation to see more