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Fed, interest rates
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.
Fed Cuts Rates Again
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and Donald Trump’s return to the White House muddles the outlook on what comes next.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December.
Inflation Report Keeps December Rate Cut in Play
The October consumer-price index keeps the door open for Federal Reserve officials to cut interest rates at their meeting next month. A monthly rise of 0.28% in prices, excluding volatile food and energy items,
Traders bet on Fed December rate cut after inflation data
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting next month, after a government report showed consumer inflation rose in October in line with economist expectations.
CBS News on MSN
6d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
"For now, however, the effect of these cuts won't be very noticeable." At a Thursday
press
conference
to discuss the ...
Wall Street Journal
7h
When Is Fed Chair Powell's Speech and How to Watch It?
the
Fed
cut interest rates for the second time this year. In a subsequent
press
conference
, Powell said he wouldn't resign if asked to do so by President-elect Donald Trump. The
Fed
's next ...
7d
on MSN
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point ...
6d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair ...
The Associated Press on MSN
7d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...
7d
What the Latest Fed News Tells Us About 2025 Savings and CD Rates
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
46m
Transgender dispute goes to federal court; Boise State volleyball players sign on as plaintiffs
This story was originally posted on IdahoEdNews.org on Nov. 14, 2024. A dozen plaintiffs — including two Boise State ...
wyomingnewsnow
3h
Gov. Mark Gordon holds conference regarding the supplemental budget
Governor Mark Gordon held a press conference about the fiscal year 2025 -2026 supplemental budget. Governor Mark Gordon ...
2d
on MSN
WATCH: Frederick Co. Sheriff Chuck Jenkins speaks following dismissal of federal charges
Frederick County Sheriff Chuck Jenkins will be holding a press conference today at 3:00 p.m. following the dismissal of ...
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