Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in deciding how quickly to continue reducing interest rates, including by potentially slowing down the pace of cuts.
First Fed Meeting After Election: Expect a Rate Cut, but What's in Store for 2025?
After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ZDNET Finance to cover credit card, banking and blockchain news.
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
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,
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
Reuters1d
Fed officials wary of inflation risks as they weigh more rate cuts
Traders in financial markets piled into bets that the Fed's policy-setting Federal Open Market Committee, fresh from last ...
Watch Fed Chair Powell Live Here
Federal Reserve Chair Jerome Powell is set to speak Thursday in Dallas at 3 p.m. ET. You can watch his appearance live here.
Trump Vs. Powell: Dec. 18 Fed Meeting Sets Stage For New Tensions
Investors prepare for potential fireworks as Trump vs. Powell sequel may unfold at Fed's final 2024 meeting. Will Trump's 2nd ...
Bankrate on MSN7d
November Fed Meeting Live Updates: Fed readies a second consecutive interest rate cut
Introducing Bankrate’s live blog Since its inception in 1976, Bankrate has been the top source for information on interest ...
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of ...
AZ Central10d
When's the next Federal Reserve meeting? Here's when to expect updates on current rate.
For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...
CNET10d
How to Watch the Fed Meeting, and Why It Was Moved This Month
Fed Chair Powell is set to address the country on Thursday this week, a change up from the typical Wednesday meeting.
Investor's Business Daily on MSN1d
CPI Inflation: What Another Bad Report May Mean For The Federal Reserve, S&P 500 (Live Coverage)
Consumer price index data for October showed that progress lowering core inflation appears to have temporarily stalled, but ...