Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
Fed official's latest words reignite interest-rate cut debate
With the benefit of hindsight, the 50-basis-point cut in September was a mistake, though not one of great consequence,” said the former treasury secretary and Harvard preside
Another Fed Rate Cut Could Happen on Nov. 7. Lock in These 7 CD Rates While There's Still Time
CD rates have already come down quite a bit with more drops on the way. Here are some of the best offers for you to lock in now.
Fed's Daly says central bank likely on track for more rate cuts
Federal Reserve Bank of San Francisco President Mary Daly said on Tuesday the central bank remains on track for more rate cuts this year as long as data meets expectations, while noting that even with last month’s rate cut,
Fed’s Daly open to skipping rate cut at one of two remaining meetings this year
San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease more cautiously after last month's jumbo rate cut.
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.
What The Fed’s Rate Cut Means For Your Money
Looking ahead, the Fed expects to make further rate cuts— possibly another 0.50% in 2024 and 1.0% more in 2025. Additionally, the Federal Reserve now expects the unemployment rate to rise to 4.4% in 2024, and inflation to come down to 2.3%.
Fed's Waller Lays Out Thoughts on Next Rate Cut
Recent data suggest that the Federal Reserve should proceed at a more cautious pace after the central bank's half-point cut in September, Fed Governor Christopher Waller said Monday. But two alternate scenarios could change that logic,
The Next Fed Rate Cut Is Coming — but How Big Will It Be?
The next rate decision won’t be announced until Nov. 7, but discussions are already very active about how much the Fed should cut — 25 or 50 basis points. And while a vast amount of data and debate will inform the move, it really boils down to choosing which side of the rate-setting committee’s “dual mandate” to prioritize.
Fed's Waller calls for 'more caution' on rate cuts
Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than previously ...
Bull market turns 2. Why fewer Fed rate cuts won’t rattle stock investors.
Even though concerns around a potential reheating of inflation have added to the uncertainty around the Federal Reserve’s ...
Fed Minutes Reveal Divide Over Size of September Rate Cut
While a ‘substantial majority’ favored the larger half-point reduction, some officials thought a smaller quarter-point cut ...
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 ...
Gold gains as dollar off 2-month highs on Fed rate cut expectations
Gold extended gains after the release of the latest data on U.S. producer prices on Friday, as the U.S. dollar pulled back ...
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations ...
Pound falls as UK inflation drops below 2% target for the first time since 2021 – business live
UK inflation drops to just 1.7% in September, weakening pound and raising hopes of an interest rate cut in November ...
US dollar rallies on Fed outlook, potential Trump win; inflation weighs on pound
The U.S. dollar firmed on Wednesday, hitting an 11-week high, as investors ruled out a hefty interest rate cut from the ...