6 h. ago Fed officials were cautious about inflation as they agreed rate cuts

Minutes from US central bank’s September meeting showed lingering concern about price pressures

Politics

2 w. ago Fed’s Powell signals further US interest rate cuts are not guaranteed

Central bank faces ‘challenging situation’ as it weighs inflation risks while jobs market softens

Politics

2 w. ago Fed has room for three more rate cuts as US growth slows, says OECD

Paris-based group predicts US policy rate will be trimmed to 3.25% to 3.5% by spring next year

Politics

2 w. ago Fed’s Stephen Miran defends call for sharper interest rate cut

Trump ally insists president’s immigration policies are disinflationary

Politics

2 w. ago Will mortgage rates drop further after the Fed's rate cut? Not necessarily

The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping

Politics

3 w. ago Federal Reserve cuts interest rates for first time in nearly a year, from 4.25% to 4% – live updates

Quarter point reduction comes amid concern of political pressure on the independent central bank from the Trump administrationIn economic projections released after the Fed’s rate-cute decision, members of the Fed’s board submitted their economic predictions for the economy over the next few years.A slight majority of board members seem to expect another rate cut by the end of the year, while a majority see more rate cuts in 2026. Board members are predicting a slight increase in unemployment, though they seem to think that inflation will largely cool in 2026 and 2027. Continue reading...

Politics