Accountancy intelligence to lead, innovate & grow.

Want to get your daily slice of Accountancy knowledge to your inbox? Sign up now

Accountancy Slice helps you stay ahead of essential accountancy news shaping your profession. Every weekday, our unique blend of AI, accountancy experts and researchers monitor 100,000s of articles and share a summary of the most relevant and useful content to help you lead, innovate and grow.

From Audit to Tax, Practice Management, Tech, Reporting and accounting firm news. Accountancy Slice is the only trusted online news source in the US dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the accountancy industry.

AS banner
Recent Editions
 
as-recent-na
Accountancy Slice
North America
Federal Reserve announces quarter-point rate drop

The Federal Reserve approved a quarter-point interest rate cut Wednesday, the first in nine months, with officials judging that recent labor market softness outweighed setbacks on inflation. The cut, anticipated for months, brings the benchmark rate to a range of 4%-4.25%. Fed ChairJerome Powell described the reduction as “a risk-management cut” against the growing downside risks to employment, although he added there is no "risk-free" path for the central bank. “It’s not a bad economy or anything like that,” he said during a news conference. “But from a policy standpoint . . . it’s challenging to know what to do.” The newest appointee to the Fed board, Stephen Miran, a top economic adviser to President Donald Trump, was the only Fed official to dissent, favoring a larger rate cut. Additionally, a narrow majority of Fed officials penciled in at least two more rate cuts this year. 

Full Issue
 
top-shadow
Read the latest Accountancy highlights