Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Fed's Goolsbee sees another 125 bps of rate cuts by end-2025
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter of a percentage point this year and a full percentage point further next year,
Fed’s Collins Says December Rate Cut Still on the Table
Federal Reserve Bank of Boston President Susan Collins said a December interest-rate cut remains on the table, emphasizing the central bank’s decision will be guided by incoming data.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
‘Rates Will Be a Lot Lower’ in 12-18 Months, Fed’s Goolsbee Says
Federal Reserve Bank of Chicago Austan Goolsbee said as long as inflation continues down toward the central bank’s 2% goal, interest rates will be “a lot” lower over the next 12-18 months.
Fed's Goolsbee says the big picture is that rates are moving lower
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress toward the 2% inflation goal over the next 12 to 18 months,
Fed's Goolsbee Sees Rates Coming Down Along Lines of Dot Plot
Federal Reserve Bank of Chicago President Austan Goolsbee says the Fed may slow the pace of rate cuts as it nears neutral during an interview with Mike McKee on Bloomberg Television.
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Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Gold set for biggest weekly fall in 3 years as Fed rate-cut bets ease
Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Watch Fed Chair Powell Live Here
Federal Reserve Chair Jerome Powell is set to speak Thursday in Dallas at 3 p.m. ET. You can watch his appearance live here.
Strong US data continues reshaping Fed views of pace, extent of rate cuts
Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...
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Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
Also impacting rate-cut expectations is a streak of encouraging economic data. New figures on Friday showed US retail sales ...
Fed's Collins says tech changes can improve financial system
Federal Reserve Bank of Boston President Susan Collins said Friday the U.S. central bank needs to keep a close watch on ...