Rate cut could aid Harris campaign in final stretch
The Federal Reserve cut its benchmark rate by half a point for the first time since 2020 amid inflation relief hopes. Analysts and Democrats say lower rates boost growth and household finances, while critics cite political theater and potential inflation risks.
MENTIONED IN THIS ARTICLE
Federal Reserve
Kamala Harris
Central Bank
Harris Campaign
Mark Zandi
Moody’s Analytics
Biden Administration
Powell signals rate cut as U S economy stays steady
Federal Reserve officials cite progress on inflation and bias toward a rate cut of a half percentage point to keep the economy in a strong position. Powell says policy moves are timed, not admitting mission accomplished, with unemployment seen rising later and inflation easing toward 2 percent. The decision draws political scrutiny ahead of the election while some Republicans show support.
MENTIONED IN THIS ARTICLE
Treasury
Larry Summers
Gallup
Martin Heinrich
D-N.m
Kamal Sri-Kumar
Sri-Kumar Global Strategies
Fed
Sri Kumar
Trump
Harris
Felicia Wong
Roosevelt Forward
Powell
U.S
Donald Trump
Biden-Harris
Kamala Harris
Freddie Mac
Laura Rosner-Warburton
Marco Policy Perspectives
Politico
Senate
UNI proposes Center for Civic Education at Cedar Falls campus
UNI seeks to convert the current Commons into a Civic Education hub housing the UNI Foundation and a new Center for Civic Education. The center would run curricular innovation, civic engagement events, and K-12 outreach while collaborating with Iowa regents universities and hosting a Conference on Innovation in Civic Education and Free Speech.
MENTIONED IN THIS ARTICLE
UNI
University
UNI Foundation
Board of Regents
Ames
Regent
Iowa
Board
DEI
University of Iowa
Iowa State University
Barbara Wilson
the Gazette
Regents’ Universities
UNI Center
U.S
Chuck Grassley
Center For Civic Education
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VP Harris
Jerome Powell
Joe Biden
Bloomberg News
Fox Business
Savannah
Washington Post
Vanessa.miller
Thegazette
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