The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction
Inflation just hit a five-month high in November and asset prices are smashing records. The Federal Reserve has been communicating its ambition to stamp out inflation for over two years and yet it’s about to cut interest rates as prices continue to move in the wrong direction.
Federal Reserve cuts interest rates by quarter point in December
The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting.
Federal Reserve expected to lower interest rates in last meeting of 2024
The Federal Reserve is likely to continue lowering interest rates, but the trend may not last in the new year.
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.But with inflation pressures still elevated and with concern that President-elect Donald Trump's policies could fuel inflation,
SF Fed’s Daly Says December Rate Cut Was Justified
A quarter-point cut this month was the right move to avoid an overly hawkish stance that would threaten a serious economic slowdown, according to San Francisco Fed President Mary Daly.
The Fed Is Unlikely To Cut Interest Rates In January Due To Inflation
The Federal Reserve cut interest rates by 0.25% on December 18, but an interest rate cut is unlikely when the Fed issues its next policy decision on January 29.
The Federal Reserve Admits They Think Inflation Is About To Go Up
The December 2024 economic projections from the central bank show significant changes from the September figures. They ...
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...
Federal Reserve's preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
The Federal Reserve Is Feeling Edgy About Inflation
More importantly, inflation is also proving stubborn. Some argue that the Fed should be willing to tolerate (even if only ...
The Washington Post7d
Fed cuts interest rates a third time, points to inflation as challenge for 2025
The Federal Reserve lowered interest rates on Wednesday by an additional quarter percentage point while pulling back on planned rate cuts next year as inflation proves to be a bigger challenge ...
Live: Federal Reserve Chair Jerome Powell Says The Economy Is In A 'Really Good Place'
The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...
The Fed avoided a recession in 2024. But it couldn't shake inflation.
The Federal Reserve did what many thought it couldn’t achieve in 2024, and yet in one respect it still ended the year the way it started — worried about stubborn price pressures.
Dollar bounces from inflation data drop, euro soft
The dollar advanced after a drop in the prior session while the euro edged lower on Monday, as market moves were being ...