Bullboard - Stock Discussion Forum US Bancorp USB

Alternate Symbol(s): USB.PR.A | USB.PR.H | USB.PR.R | USB.PR.S

U.S. Bancorp is a financial service holding company. The Company’s major lines of business are Wealth, Corporate, Commercial and Institutional Banking, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment... see more

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US Bancorp > Fed Rate Cut Is Here: Why the Next Few Months Are So Crucial

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Post by Betteryear2 on Sep 18, 2024 8:48pm

Fed Rate Cut Is Here: Why the Next Few Months Are So Crucial

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Sep 18, 2024

The Federal Reserve reduced its benchmark interest rate for the first time since 2020, a key shift in its fight against inflation as concerns center around the labor market. While prices have cooled, an uptick in unemployment has reignited warnings of a recession. Regardless of the Fed’s decision about rate cuts, a lot remains at stake for the economy and Fed Chair Jerome Powell in the months ahead.

The Fed Rate Cut Is Here: Why the Next Few Months Are So Crucial | WSJ - YouTube