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Fed slashes rates by a half-point – what that means for the economy and the presidential election

  • Written by Michael Walden, Professor and Extension Economist, North Carolina State University
Fed slashes rates by a half-point – what that means for the economy and the presidential electionAll smiles as Fed Chair Jay Powell signals he's confident he's winning the inflation fight. AP Photo/Ben Curtis

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been...

SME Spending Signals Growing Confidence Among APAC Businesses: Instarem SME Spend Barometer

Inaugural report highlights spending behaviours among SMEs in Singapore, Australia, and Malaysia, revealing a strategic shift toward long-term gro...

Employment entitlements businesses need to know when hiring remote employees

In today's digitally connected world, companies are no longer limited by geographical boundaries when it comes to hiring. Tapping into overseas ta...

Remove the Guess Work in Location Planning

Planning where to open a new business location is a high-stakes decision. To help remove any guess work, Melbourne-headquartered GapMaps, a leader...

Employers and employees back Right to Disconnect but it’s complicated

Nearly three-quarters (74%) of Australian employers support the ‘Right to Disconnect’ legislation in Australia, according to a new survey by globa...

Financial headwinds continue to impact Australians as ASIC’s latest figures reveal more hardship ahead

WCT Advisory grows three-fold to handle increasing workload As the spiralling cost of living continues to wreak havoc on the average Australian...

Australia’s Spriggy Pocket Money App Dials Up Fastter To Launch Spriggy Mobile Plans

Fastter, an Australian first creative telecommunications studio that develops and manages virtual mobile networks for Australia’s largest brands, ha...