Fed policymakers call for 'gradual' rate cuts
A trio of Federal Reserve policymakers on Monday expressed support for gradual U.S. interest-rate cuts, citing the strength of the economy and an uncertain outlook. The remarks -- from Kansas City Fed President Jeffrey Schmid,
Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Fed’s Kashkari Sees Slower Pace of Cuts Over Coming Quarters
Federal Reserve Bank of Minneapolis President Neel Kashkari repeated that he favors reducing interest rates at a slower pace in the coming quarters.
Fed needs to continue to cut rates, Daly says
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely" still high enough that they are restraining the economy.
Fed's Kashkari sees modest cuts ahead, but says change in labor market holds sway
Minneapolis Fed President Neel Kashkari said Monday he expects modest rate cuts over the next few quarters, though added that evidence of a quicker slowdown in the labor market could lead to faster rate cuts.
Fed's Kashkari Wonders If Neutral Rate Might Be Higher
Federal Reserve Bank of Minneapolis President Neel Kashkari says the resilience of the US economy makes him wonder if the neutral rate is higher at an event hosted by the Chippewa Falls Chamber of Commerce in Chippewa Falls,
Fed's Kashkari: Job market weakness could mean faster rate-cut pace
Minneapolis Federal Reserve Bank President Neel Kashkari on Monday again said he expects "modest" interest rate cuts over the next several quarters, though a sharp deterioration of labor markets could move him to advocate for faster cuts.
Minneapolis Fed's Kashkari sees 'modest' rate cuts for next several quarters
Minneapolis Fed President forecasts more modest cuts over the next several quarters, he said on Monday at the Chippewa Falls Area Chamber of Commerce. Recall that the Federal Open Market Committee initiated its easing cycle in September,
Trump advisers discussed demoting a Fed official — and it’s not Powell
Trump advisers have discussed demoting Fed board member Michael Barr from his job running bank supervision to have a more ...
Kansas City Fed's Schmid says he opposes aggressive rate cuts
Federal Reserve Bank of Kansas City President Jeffrey Schmid expressed caution Monday against implementing outsized ...
Traders See Quarter-Point Fed Cut as Virtual Lock for November
Market pricing for the next Federal Reserve move on interest rates has changed dramatically over the past month. Just a few ...
JPMorgan Sees Fed Funds Rate as an Imperfect Liquidity Measure
The small size of the federal funds market makes its key rate an imperfect metric as the Federal Reserve gauges liquidity in ...
Whelan says he fed information to Western officials that he received from fellow prisoners fighting in Ukraine
Paul Whelan, the American who spent five-and-a-half years wrongfully detained in Russia, revealed Sunday that he passed ...
Why The Fed Matters More Than The President For Businesses
The Federal Reserve (the Fed), an independent agency of the United States government, wields immense power over the nation's ...
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease more cautiously after last ...
Could the Lone Fed Dissenter Be in Line for a Powerful Role if Trump Wins?
In September, Ms. Bowman voted against the central bank’s decision to lower interest rates sharply. That stood out, because ...
Apollo’s Slok Sees Rising Chance Fed Will Hold Rates in November
The chances that Federal Reserve officials will leave interest rates unchanged in November are mounting as the US economy ...