Economy News The Fed Needs The Economy To Slow From Here These Funds Could Outperform

The Fed makes a second interest rate cut. Here’s what will — and won’t — change for your money.

At its October rate-setting gathering, the Federal Open Market Committee (FOMC) lowered its benchmark rate by a quarter of a percentage point to a new target range of 3.75%-4%. That’s the lowest level ... Read More

Fed cuts interest rate by a quarter point as government shutdown clouds economic outlook

Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to roughly 5.3% in 2023 and 2024 to combat the biggest inflation spike in four ... Read More

The Federal Reserve Will Make Policy Decisions Today—Here's What You Need to Know

A Fed rate cut may be coming, but uncertainty over inflation, jobs, and the shutdown could shape what’s next for the economy—and your wallet. Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Read More

Treasury Secretary counselor says Fed rate cut is needed for the economy as worries continue about tariffs

The health of the US economy looks strong on paper, but Treasury counselor Joseph LaVorgna warns that high interest rates could become a headwind if the Fed does not act. “If monetary policy, by the ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More