A Year Defined by Interest Rate Cuts, Stock Market Boom, and Inflation

Monetary policy, labor strife, and inflation—the world of business and economics was busy in 2024.
A Year Defined by Interest Rate Cuts, Stock Market Boom, and Inflation
Comments by Federal Reserve Chair Jerome Powell appear on a bank of screens on the floor of the New York Stock Exchange on Nov. 7, 2024. Richard Drew/AP Photo
Andrew Moran
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The Federal Reserve did something it had not done since the onset of the coronavirus pandemic. The head of North America’s largest union of maritime workers threatened to “cripple” the economy by hitting the picket lines. Inflation had a resurgence, then faded, and then resurfaced.

It was a busy 2024 for corporate America and the U.S. and world economies.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."