Economy News ‘the Economy Is Still Too Hot For The Fed’ Chance Of June Rate Hike Rises Further Above 50 After Inflation Data

Top Fed Official Boosts Odds of a December Rate Cut

John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near term.” ... Read More

Williams' comments boost odds of a Fed cut, though policy hawks remain adamant

The U.S. Federal Reserve can still cut interest rates "in the near term" without putting its inflation goal at risk, New York Fed President John Williams said on Friday in comments that prompted ... Read More

Fed official warns inflation is still too high for more rate cuts

Federal Reserve officials are divided again over the direction of interest rates. Kansas City Fed President Jeffrey Schmid has been saying since the summer that inflation is too high. You’re probably ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More

Federal Reserve faces dilemma amid expected rate cut decision

The Federal Reserve is set to announce its next interest rate decision on Wednesday and the monetary policy meeting comes as the economy is facing a weakening labor market as well as elevated ... Read More

New CPI data resets December Fed interest rate cut

Inflation is not as hot at the moment. Hence, your wallet and your portfolio could be getting an extra special year-end bonus. New softer-than-expected inflation data boosted expectations that the ... Read More