Fed members' outlooks reset bets on interest rate cuts in 2025
Just before Joe Biden leaves the White House and Donald Trump returns, two prominent Republican members of the Federal Reserve Board are weighing in on how fast interest rates should come down. The two — Michelle Bowman and Christopher Waller — say rates can come down in a measured way.
Top Fed official backs new rate cuts even if Trump tariffs materialize
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs.
Fed's Waller ready for more rate cuts in 2025
At its December meeting, the FOMC lowered the federal funds rate to a range of 4.25% to 4.5%. Committee members also adjusted their median projection rate for the end of 2025 to 3.9%, up from a projected 3.4% in September.
If the Fed pauses rate cuts in January, it might be because of Trump, Fed minutes show
Federal Reserve officials in December signaled concerns that President-elect Donald Trump’s policies could stoke inflation, contributing to a more cautious approach to interest rate cuts this year and even a pause this month.
Fed's Waller Expects Milder Inflation, More Rate Cuts
It is too soon to declare an end to the Federal Reserve’s rate cuts, governor Christopher Waller said in remarks prepared for delivery Wednesday at a conference in France. Waller said he expects inflation to continue declining toward the central bank’s 2% goal this year,
Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.
Live news: Investors stick with bet on July rate cut from Fed after minutes
Following Wednesday’s minutes, investors were betting that the central bank would deliver the year’s first quarter-point rate cut by July, in keeping with pricing earlier in the day. More than 4,000 Amazon employees at a fulfilment centre outside Raleigh, North Carolina will vote on whether to join a union next month, per US labour officials.
Traders expect Fed to cut rates just once in 2025
Federal Reserve policymakers got fresh reasons to hold short-term borrowing costs steady after government data signaled renewed strength in the U.S. job market, with traders now betting the U.S. central bank will wait until June to cut interest rates again and end its rate-cutting cycle there.
Dollar Rallies to a 2-Year High on Reduced Fed Rate Cut Expectations
Friday rose by +0.44% and posted a 2-year high. Friday’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts.
Fed's Christopher Waller Supports Rate Cuts Despite Trump Tariff Concerns
Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns ...
Fed’s Waller Supports Further Cuts, Says Inflation Moving Lower
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool toward the central bank’s 2% ...
Fed's Waller: More cuts likely though timing depends on inflation progress
Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an ...
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Fed's Waller still sees rate cuts in 2025 despite Trump tariff talk
Federal Reserve Chair Jerome Powell speaking in December. REUTERS/Kevin Lamarque · REUTERS / Reuters Waller wouldn’t specify how many rate cuts the Fed could make this year, but said he ...
Fed finds new reason for confidence in obscure inflation gauge
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...