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,
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
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.
Bitcoin slips as Fed signals rate cuts unlikely in December
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously reduced rates by 50 and 25 basis points in September and November, but market odds of a December cut have now dropped to 59%.
10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year Treasury yield sat near flat at 4.
Powell says no need for Fed to rush rate cuts
Federal Reserve Chair Jerome Powell said on Thursday (November 14) the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully.
US Fed's Jerome Powell in no hurry to cut interest rates
Federal Reserve chairman Jerome Powell said on Thursday that the US central bank is in no rush to cut interest rates further, urging a cautious approach as some inflation pressures remain. “The economy is not sending any signals that we need to be in a hurry to lower rates,
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
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More rate cuts could be coming soon
Power said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in ...
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Fed officials wary of inflation risks as they weigh more rate cuts
"I anticipate the FOMC will most likely need more rate cuts to finish the journey" of bringing inflation toward the Fed's ...
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation ...
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
Goldman Sachs Now Expects Slower Pace of Rate Cuts From BOE
Goldman Sachs said it now expects the Bank of England to take a slower approach to interest-rate cuts after the UK budget ...
Wall St sinks on Powell rate-cut caution, Trump cabinet picks
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...