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Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020


On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to the Federal Open Market Committee (FOMC) press...

The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut


As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However...

Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts


Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target...

Deadpool & Wolverine: 8 Great Comics To Read After Seeing The Movie


With Deadpool & Wolverine, Ryan Reynolds’ merc has finally joined the MCU. The team-up with Hugh Jackman’s iconic X-Men character also serves as a fond farewell to the Fox era of Marvel movies, and is filled with cameos from top to bottom. But once you get out of the theater you might find yourself...

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