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Fed Officials Were Divided Over Size Of Last Month’s Jumbo Interest Rate Cut, Minutes Show
This is what Fed officials discussed behind closed doors last month before agreeing on a big interest rate cut.
The Federal Reserve Is In No Rush To Cut Rates, Powell Says
From the point of view of the Federal Reserve, the economy is running smoothly. Now, the central bank’s goal is to keep it that way, Chair Jerome Powell said Monday.
The Fed is finally cutting rates, but banks aren't in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
Fed Minutes Could Offer a Peek at Rate Cut Debate
Insight into the central bank's decision to cut the prime interest rate may signal its plans for future reductions.
Does Today's Inflation Data Promise Another Interest Rate Cut by the Fed?
Experts agree that the Fed can and should continue lowering interest rates. But given that the bottom isn't going off a cliff, it doesn't need to happen at a breakneck pace. In other words, there's no longer an urgency for an aggressive cut.
Fed officials leave door open to another large interest-rate cut
A HANDFUL of Federal Reserve officials on Monday (Sep 23) left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on the US economy. Read more at The Business Times.
Fed is in no 'hurry' to cut rates quickly. Could that patience be tested?
Federal Reserve Chair Jerome Powell has made it clear the central bank isn’t in a 'hurry' to bring interest rates down, but that will be put to the test this fall with a series of job reports starting Friday.
Austan Goolsbee Explains the Fed’s Big Rate Cut
And where the risks are now.
Traders keep bets on 25 basis point Fed rate cuts in November, December
The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were flat last month compared with August,
Inside the Fed’s big rate cut decision, where officials were divided more than you’d think
The Fed’s decision to opt for a bigger rate cut wasn’t without its controversy, according to minutes from its September meeting. While the move to lower rates by half a percentage point was approved by a majority of the 12 voting members,
16d
on MSN
Wall Street Wants More Big Rate Cuts. Fed Officials Don’t Agree.
Fed officials are betting that a slow-and-steady series of rate declines will keep the economy humming and inflation in check ...
Newsweek
11d
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve
Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more
interest
rate
...
16d
on MSN
Fed's Favorite Inflation Data Friday Could Sway November Interest Rate Cut Odds
Market expectations for the Federal Reserve's next interest rate move could gain more clarity as early as this Friday, when a ...
Reuters
14d
Latest inflation data could boost case for more big Fed rate cuts
Fed
Governor Chris
Waller
anticipated that trend in the data last week in comments explaining why he supported the ...
Inc
15d
Fed Looks to Jobs Data to Set Pace of Future Rate Cuts
The
Federal Reserve
did not have full consensus when it voted last week to reduce
interest
rates
by half of a ...
3d
on MSN
Rate cuts were supposed to push mortgage rates lower. The opposite has happened.
Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since economic strength means less ...
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