United Kingdom RICS Housing Price Balance above expectations (4%) in September: Actual (11%)

Oct 10, 2024

Fed's Collins: Half-point rate cut was prudent given risks

Federal Reserve Bank of Boston President Susan Collins said on Wednesday that it was “prudent” for Fed officials to lower rates by a half percentage point in September as inflation eases and the economy becomes more vulnerable to shocks, per Bloomberg.

Fed's Daly: One or two more Fed rate cuts likely this year

Federal Reserve Bank of San Francisco President Mary Daly said on Wednesday that she "fully" supported the Fed's half of a percentage-point interest-rate cut last month.