The Consumer Price Index rose less than expected in September, leaving the Fed on track to cut interest rates. Fed officials had held their key interest rate high this year to subdue inflation, but ...
(Reuters) -The Federal Reserve will likely resume cutting short-term rates next week and continue on for the rest of the year to shore up a labor market that may have begun cooling well before ...
US central bank's next policy meeting is on September 16-17 Futures contracts point to 10% chance of half-percentage-point rate cut Fed's benchmark interest rate could drop to 3.25%-3.50% by January ...
(Reuters) - Concern about a softening job market will keep the Federal Reserve on course to resume its interest rate cuts next week, though the U.S. central bank is likely to move cautiously because ...
Federal Reserve Chair Jerome Powell suggested Tuesday that the central bank may be on track to lower its interest rate target range again in 2025. Though, Powell said that economic data available ...
The next chair of the Federal Reserve might already be a disappointment to President Donald Trump – even before they’re named. Trump has demanded aggressive cuts to interest rates next year, but ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...