Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Why one economist says Elon Musk could hold the key to lower mortgage rates
And the key to lower mortgage rates could be in billionaire Elon Musk's hands, the NAR's chief economist Lawrence Yun said Wednesday in a statement after the release of the latest inflation data.
Stocks Dip, Longer-Dated US Yields Higher After Inflation Data
NEW YORK (Reuters) -A gauge of global stocks fell for a second straight session on Wednesday and longer-dated U.S. Treasury ...
USA Today1d
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
Nov 13 (Reuters) - The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently ...
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 ...
Investopedia1d
Refinance Rates Shoot Up for Most Loan Types
With this cut, the fed funds rate reaches its lowest level since March 2023. The Fed's next rate announcement will be made ...
Elon Musk wants to radically reshape who controls America’s money supply
Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump's policies, included a "100" emoji while resharing Republican Sen. Mike Lee of Utah's post on X calling ...
New administration brings unknowns to Fed's path on interest rates
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
Stock market today: Wall Street cruises toward the close of its best week in a year
HONG KONG -- Asian shares opened higher but ended Friday mixed after the Federal Reserve cut interest rates again to ease ...