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Further Fed rate cuts not baked in the cake, economists say (Market Watch)
WASHINGTON (MarketWatch) -- The strong September jobs report and cautious comments from Federal Reserve officials have left Fed watchers with the sense that further interest-rate cuts are not necessarily baked in the cake.
THE FED: Half-Point Interest-Rate Cut May Be Enough, Fed's Kohn Says (Nasdaq)
WASHINGTON (Dow Jones) -- The Federal Reserve's Sept. 18 interest-rate cut of half a percentage point may be enough to keep the U.S. economy from sinking as a result of the financial markets' recent turmoil, Fed vice-chairman Donald Kohn said Friday.
US economists’ hopes of rate cut dampened (The Herald)
A robust employment report late last week and comments from a top Federal Reserve official that the US central bank's half-a-percentage point rate cut on September 18 may be enough to keep the American economy from tipping into recession have dampened expectations that the Fed will announce a further cut in the cost of credit when it meets later this month.
