Federal Reserve officials are widely expected to cut rates by a quarter point, as uncertainty about a second Trump presidency ...
And Deutsche Bank chief U.S. economist Matthew Luzzetti notes it’s a “hawkish” outlook for the Fed heading into 2025, nodding to the potential for “stickier” inflation due to tariffs. 4% to 4.5%. That ...
Thursday's move reduces the Fed’s benchmark rate to about 4.6%, down from a four-decade high of 5.3% before September's ...
The Federal Reserve cut interest rates by 0.25 percentage points Thursday, the second consecutive cut after a two-year rate ...
"Economic activity has continued to expand at a solid pace," the central bank's rate-setting Federal Open Market Committee ...
The Federal Reserve reduced interest rates on Thursday, but experts say rates on home loans won't fall by the same amount.
Trump’s tax, trade and immigration policies are expected to partly reignite inflation, which has pulled back substantially ...
The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a percentage point.
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
In a move that consumers will welcome, the Federal Reserve on Thursday slashed its benchmark interest rate by a quarter of a ...