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Yesterday — 19 September 2024Main stream

Has the Federal Reserve Pulled Off a Soft Landing?

✇NYT | Top Stories
By: Andrew Ross Sorkin， Ravi Mattu， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Lauren Hirsch and Ephrat Livni
19 September 2024 at 23:10
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.

© Richard Drew/Associated Press

The markets are rebounding after the Fed’s outsize interest-rate cut on Wednesday.
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