Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses. And yet an unusual air of uncertainty overhangs this week’s meeting: It’s unclear just how large the Fed’s rate cut will be. Wall Street traders and some economists foresee a growing likelihood that the central bank will announce a larger-than-usual half-point cut. Читать дальше...
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses. And yet an unusual air of uncertainty overhangs this week’s meeting: It’s unclear just how large the Fed’s rate cut will be. Wall Street traders and some economists foresee a growing likelihood that the central bank will announce a larger-than-usual half-point cut. Читать дальше...
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Читать дальше...If you're stuck on today's "Connections" puzzle, Newsweek has a host of hints to help you keep your winning streak going.
Photographer: Cayetana Saiz Summary Authors: Cayetana Saiz; Jim Foster Featured above is the Rho Ophiuchi cloud complex and the Antares Nebula in the constellation of Scorpius that I observed on May 10, 2024, from near Lunada, Spain. According to Greek...
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Читать дальше...The troubling state of politics today.
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