The Federal Reserve pivoted toward reversing the steepest interest-rate hikes in a generation after containing an inflation surge so far without a recession or a significant cost to employment.
Quoteworthy: "Instead of doing anything to help make Americans’ lives better, they are focused on attacking me with lies." –— US President Joe Biden, after domestic political rivals the Republicans push for impeachment inquiry
Fed prepares to shift to rate cuts in 2024 as inflation eases
