The Fed Is Right to Be Patient on Rate Cuts

Now, some Fed watchers think the central bank is making another policy mistake by waiting too ... says. “Additionally, a high savings rate typically means less consumption—and that’s not ... Read More

The Fed might not be done raising interest rates just yet

Kashkari is not voting on monetary policy decisions this year. Like Bowman and Kashkari, New York Fed President John Williams said rate hikes aren ... central bank to be patient with cutting ... Read More

Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient ... officials do not want to keep interest rates too high for too long, risking an unnecessary ... Read More

The Fed may wait too long to cut interest rates and spark a recession, economists say

Get all the news you need in your inbox each morning. With annual inflation drawing closer to the Fed’s 2% goal and some risks to the economy growing, Zandi says the Fed should start lowering ... Read More

When will the Fed cut rates? Maybe not in 2024, one Fed official cautions

A Federal Reserve official on Thursday raised the possibility the central bank may not cut interest rates ... covers business and personal finance. She previously worked at Bloomberg News and ... Read More

Fed's Bostic says first rate cut should come in Q4 of this year

April 3 (Reuters) - The Federal Reserve should not cut its benchmark interest rate until the end of this ... then we are going to have to be more patient than I think many had expected," Bostic ... Read More

Fed gets an earful about 'stranglehold' from high rates

By Ann Saphir (Reuters) -Federal Reserve Chair Jerome Powell and fellow Fed governors on Friday heard firsthand from business and community leaders how the Fed's interest rate hikes, along with ... Read More

Why is my 401(k) rising? More Fed rate cuts on the way? We answer your economy questions

Now, though, the Fed plans to shave rates not to jolt the ... risk is the Fed keeps rates too high for too long” and the economy slips into recession, Zaccarelli says. Also, stock prices are ... Read More

The Fed has 'itchy fingers' and should not be in a rush to cut interest rates, Larry Summers says

Former Treasury Secretary Chairman Larry Summers thinks the Federal Reserve is getting ahead of itself in its outlook for rate cuts ... according to Summers, should not give policymakers a ... Read More

Powell says Fed needs more inflation evidence before cutting interest rates

Federal Reserve Chair Jerome Powell on Wednesday stressed the need for more evidence that inflation is subsiding before policymakers move to cut interest rates. Powell lauded recent declines in ... Read More

Fed’s Harker: Don’t look for any interest-rate cuts ‘right now and right away’

The Federal Reserve is getting close to cutting interest rates but a move in the near-term is unlikely, said Philadelphia Fed President Patrick Harker on Thursday. “I would caution anyone from ... Read More