Federal Reserve’s likely slowdown in rate cuts could disappoint borrowers
WASHINGTON (AP) — Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.
Fed’s Bowman Urges Cautious Approach to Further Rate Cuts
Federal Reserve Governor Michelle Bowman said she wants to move cautiously on further interest-rate cuts because progress in reducing inflation has slowed.
Fed's Collins Sees More Rate Cuts Ahead for US Central Bank
FILE PHOTO: Federal Reserve Bank of Boston President Susan Collins stands behind the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, in Wyoming, U.S., August 24, 2023. REUTERS/Ann Saphir/File Photo
Fed's Goolsbee says pace of rate cuts may need to slow
Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more slowly, remarks that underscore the U.S. central bank's debate that it's not about whether,
Fed’s recent rate cuts could improve borrowing options for state and local government projects
The Federal Reserve’s second consecutive key rate cut could mean more than just lower borrowing costs for the average consumer — state and local governments stand to benefit, too. Lower interest rates may bring changes for housing development,
Fed’s Goolsbee Sees Rates a ‘Fair Bit Lower’ Over Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees interest rates moving “a fair bit lower,” while expressing confidence inflation is easing toward the central bank’s objective alongside a solid labor market.
Fed's Goolsbee Expects Rates to Drop 'Fair Bit Lower,' Cautions on Slowing Cuts
Chicago Fed President Austan Goolsbee said Thursday he anticipates interest rates will end up considerably lower within the next year. He cautioned that the Federal Reserve may need to decelerate rate cuts
The Fed's rate cuts will spark a $2 trillion exodus from money-market funds, Apollo chief economist says
Money-market funds have attracted record inflows since 2022. That money is set to flow back to the market as rates come down ...
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Fed's Bowman says rate cuts are concerning
Flexibility is a frequent theme in Bowman's public remarks, and Wednesday was no different, as she emphasized the importance ...
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More Rate Cuts on the Horizon in 2025. But Experts Warn Not to Wait to Make These Money Moves
Dana Miranda is a certified educator in personal finance®, creator of the Healthy Rich newsletter and author of You Don't Need a Budget: Stop Worrying about Debt, Spend without Shame, and Manage ...
Boston Fed's Collins says 'some' additional interest-rate cuts needed
"Some" more interest-rate cuts are needed, Federal Reserve Bank of Boston President Susan Collins said Wednesday, though she ...
Mexico's cooling inflation and economy growth drive expectations of further rate cuts
Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth ...
Euro Falls to Lowest Since 2022 as Bets on ECB Rate Cuts Surge
The euro fell to the lowest level in two years as traders bet the European Central Bank will have to cut interest rates ...
What interest rate cuts mean for Nebraskans with home, car loans or credit card debt
Years of high interest rates are finally giving way, offering the prospect of economic relief to thousands of Nebraskans.
Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it
Louisiana's GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide ...