Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting cycle.
Fed’s Kashkari says stronger economy could mean fewer rate cuts
If that is sustained and we are in a structurally more productive economy going forward, then that tells me we probably wouldn’t end up cutting quite as far.”
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 cuts due to inflation
Fed's Kashkari: Both political parties want inflation lower
WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and President-elect Donald Trump because both major U.S. political parties want inflation lower.
Fed's Kashkari says central bank may not cut rates as much if economy remains strong
Minneapolis Fed President Kashkari on Saturday said there would probably be fewer interest rate cuts than expected if the U.S. economy stayed strong. Read more here.
Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated ...
Fed’s Kashkari Says Economy Strong, But Inflation Not Vanquished
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central ...
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The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
As expected, the Fed cut its policy rate by a quarter-point on Thursday, to a new target range of 4.5% to 4.75%. It marked ...
Billionaire investor Stanley Druckenmiller says the Fed may have declared victory on inflation too early
"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.
The Fed Needs to Learn From Its Inflation Mistakes. The Biggest Lesson.
The Fed should target nominal gross domestic product, Patrick Horan and David Beckworth write in a guest commentary.
Fed's Kashkari says broad-based US deportations could disrupt labor for some businesses
Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact ...
Inflation and retail sales data greet a roaring stock market rally: What to know this week
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...
The Fed’s Preferred Inflation Gauge Cooled Overall in September
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
What To Expect From October's 2024 Inflation Report
The upcoming CPI report is expected to show a modest rise in inflation. Read why investors should monitor news-driven ...
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Commentary: One of the biggest election factors is also one of the most misunderstood — inflation
The spike was also a global phenomenon. In the US, the inflation rate hit its highest point in this recent surge in June ...