Markets widely expect the Federal Reserve to cut interest rates for the fourth time this year at its December meeting. The ...
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates ...
The meeting summary showed that all 19 officials approved this month’s quarter-point cut.
Unemployment is ticking up, but slowly, without widespread layoffs. And inflation is proving stubborn on the way to 2%. The ...
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains ...
The Federal Reserve will cut its benchmark interest rate for the second consecutive month to try to ease inflationary ...
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower ...
And when the Fed lowered its benchmark interest rate in November, it warned that it would continue to monitor inflation and adjust its stance on rate cuts as necessary. Given October's higher CPI ...
Strong growth tends to put more upward pressure on inflation. That's a big reason why investors expect the Fed to put a "pause" on its rate cuts in the first month of 2025. They now see just three ...
WASHINGTON — The Federal Reserve lowered its key interest rate by a quarter percentage point Thursday, its second straight rate cut amid easing inflation and a move set to further trim borrowing ...