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Finance

First Fed rate cuts in four years
A stock trader is seen monitoring a screen showing Federal Reserve Chair Jerome Powell's announcement of a half-percentage point interest rate cut

Wharton’s Peter Conti-Brown, a financial historian focused on central banking and policy, discusses the Fed’s recent, and likely last, key decision before the presidential election.

(Image: AP Photo/Richard Drew)

First Fed rate cuts in four years

Wharton’s Peter Conti-Brown, a financial historian focused on central banking and policy, discusses the Fed’s recent, and likely last, key decision before the presidential election.
The Fed’s next big move

The Fed’s next big move

Christina Parajon Skinner of the Wharton School says that cutting interest rates before the election will look like the Federal Reserve is trying to improve the economy to help one of the candidates win.