Federal Reserve is likely to cut interest rates next week. Here's what that means for you
The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high interest charges.
US Federal Reserve to make last rate decision of Biden's presidency
The meeting on Tuesday and Wednesday this week is the last Fed rate decision before Biden leaves the White House on January 20, handing the keys back to the Republican Trump for a second term, and ana
What to Expect From Next Week's Federal Reserve Meeting on Interest Rates
The Federal Reserve is widely expected to cut borrowing costs when it meets next Wednesday, and officials could shed light on how recent economic data might affect their decisions on interest rates in the new year.
Can Trump Influence the Federal Reserve and Lower Interest Rates?
President-elect Donald Trump is planning to retake the White House with a bold set of promises, including lower interest rates. US households have grown frustrated with two years of high borrowing costs.
The Federal Reserve takes on Trump—and stubborn inflation
When the Fed last published its quarterly outlook in September, for instance, a solid majority on its monetary-policy committee projected that their most important inflation gauge would retreat to 2.2% next year.
Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by Reuters, with most expecting a pause in late January amid concerns about rising inflation risks.
Santa rally on hold as Federal Reserve mulls Trump 2.0
Australian shares are set to fall at the opening bell on Monday as traders sour on the post-election rally that’s driven markets for much of the last month.
Is the Federal Reserve Running Out of Reasons To Cut Interest Rates?
While the Federal Reserve is expected to cut its key interest rate next week, stubborn inflation could pressure the central bank to keep rate cuts few and far between next year.
Will the Federal Reserve signal a pause in interest rate cuts?
The Federal Reserve is widely expected to cut US interest rates by a quarter point on Wednesday, with a steady inflation reading for November helping to strengthen those bets. Futures markets are pricing in a 95 per cent probability the central bank will make a 0.
Experts Say the Fed Will Likely Cut Rates Next Week. But What's Next?
Borrowing rates remain high going into 2025, and experts say this could be the last rate cut for a while. Financial markets are betting that the central bank will slow the pace of
Fed's last decision in 2024 may reset interest-rate moves in 2025
Fed "can afford to be more cautious as it lowers rates." The conundrum will color the Fed's December meeting. It starts Tuesday and ends Wednesday when the Fed is expected to cut its current key federal funds rate to 4.
Trump aides mull abolishing FDIC as part of dramatic banking deregulation spree: report
The Trump transition team has been busy examining ways to consolidate, shrink or even outright eliminate banking regulators ...
'I Have a Better Instinct': Donald Trump Says He Doesn't 'See' Replacing Federal Reserve Chair Jerome Powell
President-elect Donald Trump says he doesn't plan on replacing Federal Reserve Chair Jerome Powell before his term ends.
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Story ideas from the Federal Reserve’s Beige Book: December 2024
The Beige Book published on Dec. 4 includes information gathered during October and November. Across districts, prices rose ...
E&E3d
BLM completes $460M sale of federal helium reserve to private company
BLM was required by Congress in the Helium Stewardship Act of 2013 to sell off the stockpile the government first began ...
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to ...
NY Fed Markets Group chief Neal resigns, will exit bank in March 2025
The head of the Federal Reserve Bank of New York's powerful Markets Group, Michelle Neal, is stepping down and will leave the ...
Treasury yields edge up as investors focus on Fed's next steps on rates
Longer Treasury yields were edging up on Friday as traders focused on next week's Federal Reserve policy meeting for a gauge of the next steps on interest rates. The benchmark 10-year Treasury yield ...
The Fed Can’t Ignore All of Trump’s Intentions
When US Federal Reserve Chair Jerome Powell faces the media after the central bank’s policy-making meeting next week, he’ll ...