October 10, 2024
Loading...
You are here:  Home  >  Columns  >  Current Article

Dubroff: Bold action by Fed increases odds of soft landing

IN THIS ARTICLE

The Federal Reserve began its historic pivot on Sept. 18 moving to unwind interest rates and stave off recession. The 50 basis point move on September 18 met Wall Street expectations for bold action and was greeted with relief and rising stock prices. In remarks after the meeting Chair Jay Powel talked about the Fed’s confidence that…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.