Economy News Fed Rate Hikes Can End Now That U S Job Gains Are The Size Of An Economy Like Australia’s, Says Blackrock

A Fed rate cut next month seemed doubtful. Here’s why it’s now likely to happen.

Despite dramatic differences among Fed officials, opinions are coalescing behind a third interest-rate cut in succession. Read More

Stronger Economy Halts Fed’s December Rate Cut

Job growth and recent inflation data show the U.S. economy is stronger than expected, hiring remains healthy and inflation has ticked up. Federal Reserve Chair Jerome Powell’s resistance to sharply ... Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

'Stale' September Jobs Data Is Mixed News for a Divided Fed

"In the face of so much FOMC hawkishness and without any further jobs reports ahead of the December FOMC meeting, today's jobs release is unlikely to tip the balance to a December cut," wrote Seema ... Read More

What happens to mortgage rates now that the Fed cut rates? Here's what's happened previously.

After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The move, which ... Read More