Fed officials signal more rate cuts, Bostic open to a skip
Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give a green light for more interest-rate cuts in coming months, Federal Reserve policymakers indicated in remarks on Thursday,
JPMorgan CEO Says the Fed's Rate Cuts Are a 'Minor Thing.' Is He Right?
JPMorgan Chase CEO Jamie Dimon has downplayed the Fed's recent interest rate cut. In reality, rate cuts have the potential to change a lot of people's financial situations. Rate cuts are expected to continue, and they're likely to make borrowing less expensive but limit the amount of interest savers can earn.
Fed’s Bostic Keeps Door Open to Skipping Rate Cut in November
A Federal Reserve official said he was open to cutting interest rates by a quarter percentage point or standing pat at the central bank’s meeting next month depending on how the economic outlook develops.
Fed decision to go big on rate cut was not a slam dunk
The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve board meeting.
CPI for September: Inflation higher than expected. Fed rate cuts still seen as likely.
Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed will cut rates again next month. Social Security’s cost-of-living adjustment will be 2.5% in 2025, down from the 3.2% seen in 2024, the Social Security Administration said on Thursday.
If the Fed Cut Rates, Why Have Mortgage Rates Been Going Up?
Mortgage rates dropped before the Fed’s last meeting, and have risen more than 50 basis points since. If you’re wondering why, you’ll need to look at the 10-year Treasury bond yield.
Austan Goolsbee Explains the Fed’s Big Rate Cut
And where the risks are now.
The Fed’s rate-cutting gives the stock market what it needs — and wants
U.S. Federal Reserve Chair Jerome Powell is betting that inflation is nearly dead — and stock investors should cheer. The Fed’s recent half-point cut in the federal funds rate is a move usually is reserved for economic crises,
What The Fed’s Rate Cut Means For Your Money
While most members of the decision-making group (called the Federal Open Market Committee) agreed on this, Federal Reserve Governor Michelle Bowman preferred a more minor cut of 0.25%. This is notable because it was the first disagreement in voting by a Federal Reserve governor since 2005,
Traders keep bets on 25 basis point Fed rate cuts in November, December
The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were flat last month compared with August,
Famed economist Ed Yardeni’s updated his Fed cut prediction to ‘none and done’ because the inflation battle isn’t over
Famed economist Ed Yardeni said earlier this year the Federal Reserve would be "one and done" when it comes to rate ...
Inflation slowed again, new CPI report shows: Will the Fed keep cutting rates?
The consumer price index highlighted moderating inflation for a sixth straight month but it slowed less than expected ...
Trump Adviser Bessent Slams Fed Over September Half-Point Cut
A top economic adviser to Donald Trump said the Federal Reserve exercised bad judgment by cutting interest rates close to the ...
Fed Officials Are Watching for Housing Inflation to Cool. It May Finally Be Happening
Shelter inflation has been a stumbling block for the Federal Reserve in its fight against inflation. September's Consumer ...
Should you invest in gold before the November Fed meeting?
With another rate cut likely for the Fed's November meeting, some investors may want to turn to gold now. Here's why.
Chicago Fed president sees rates falling at 'gradual pace' despite hot jobs, inflation
Chicago Fed president Austan Goolsbee says one month of strong jobs and inflation data won't keep the Fed from cutting rates ...
How excessive Fedspeak undermines transparency, clarity in Fed’s communication
Anna Moneymaker/Getty Images News With Federal Reserve officials out in full force, the near-constant level of commentary ...
Dollar edges higher against major currencies as traders weigh US data
The U.S. dollar was flat against major currencies on Friday as markets digested a slew of economic data that supported the ...