Loading...
18 September 2024 / Brief
Email
Linkedin
Facebook
X
Copy LinkThe Fed offered something for everyone today, offering a sizable interest rate cut for doomsayers, but also an upbeat assessment of the US Economy for those who are more optimistic.
The Fed cut interest rates by 50 basis points at its September 2024 Federal Open Market Committee (FOMC) meeting (Figure 1). This probably reflected mounting concerns about downside risks to the labor market as hours are being cut in some parts of the country and payroll employment over the last year or so might be revised downward.
However, the Fed did provide a rather glowing assessment of the US economy, believing GDP growth remains solid, the labor market is still healthy, and inflation is trending back to the 2-percent target. Moreover, the Chair of the Fed did not believe the economy is susceptible to a shock that would cause an economic downturn.
Markets and observers were divided over whether the central bank would start its rate cutting cycle to reduce monetary policy restrictiveness by 25 or more basis points. The decision to cut by one half per
myTCB® Members get exclusive access to webcasts, publications, data and analysis, plus discounts to events.
April FOMC Preview: Powell’s Swan Song
April 27, 2026
March Retail Sales Rose on Higher Gas Prices
April 21, 2026
Charts
The Gray Swans Tool helps C-suite executives better navigate today’s quickly developing economic, political, and technological environments.
LEARN MORE
Charts
Preliminary PMI indices show no change in weak DM growth momentum in November
LEARN MORE
Charts
How Might the World Fall Back into Recession?
LEARN MORE
Charts
Passing increases downstream, cutting costs, and absorbing price increases into profit margins are the chief ways to manage rising input costs. Few see changing
LEARN MORE
Charts
US continues to lead global productivity race
LEARN MORE
Charts
The Global Economic Fallout of the Ukraine Invasion
LEARN MORE
Charts
The global supply chain disruption associated with the COVID-19 pandemic has resulted in production delays, shortages, and a spike in inflation in world.
LEARN MORE
Charts
The Conference Board recently released its updated 2022 Global Economic Outlook.
LEARN MORE
READ
WATCH
LISTEN
May 13, 2026
Connect and be informed about this topic through webcasts, virtual events and conferences
PRESS RELEASE
LEI for Brazil Increased in April
May 15, 2026
PRESS RELEASE
The LEI for France Improved in March
May 15, 2026
PRESS RELEASE
The LEI for Germany Declined in March
May 14, 2026
PRESS RELEASE
The LEI for the UK fell in March
May 13, 2026
PRESS RELEASE
LEI for Australia Decreased in March
May 12, 2026
PRESS RELEASE
LEI for Japan Pulled Back in March 2026
May 11, 2026
All release times displayed are Eastern Time
This report identifies trends to help businesses prepare for an environment with more challenges for labor and capital but improvements in productivity growth.
LEARN MORE
Connect and be informed about this topic through webcasts, virtual events and conferences
Nominal Gains, Real Strain: Fall in Real Retail Sales Means Weaker Q2 GDP
May 14, 2026 | Brief
May 14, 2026 | Article
The Conference Board Economic Forecast for the US Economy
May 14, 2026 | Article
Limited Energy Shock Passthrough into Broader CPI, For Now
May 12, 2026 | Brief
Will Business Investment Save GDP Growth, as Consumers Retreat in 2026?
April 30, 2026 | Brief
FOMC Decision: Three Hawkish Dissents Signal Fed Moving Closer to Neutral Stance
April 29, 2026 | Brief
Power Shifts: From the Fed to EV Markets
May 13, 2026
The Iran Conflict: Risks for the Global Economy
April 15, 2026
Priced Out: The State of US Housing Affordability
February 11, 2026
The CEO Outlook for 2026—Uncertainty, Risks, Growth & Strategy
January 15, 2026
The Big Picture: What's Ahead for the Global Economy?
December 10, 2025
Economy Watch: Trends in Consumer & CEO Confidence
November 12, 2025
