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

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. Read More

Fed's Williams says Fed can still cut rates in the "near term"

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. Progress on inflation has ... Read More

The Fed cuts interest rates again as concerns grow about the job market

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, as policymakers work to shore up the softening job market. It was the Fed's second rate cut in six weeks, ... 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

Economy growing at ‘moderate pace,’ Fed says, but weaker labor market justifies rate cut

The Fed on Wednesday said the economy "has been expanding at a moderate pace," but it also contended that the risks of rising unemployment and "uncertainty about the economic outlook" necessitated a ... Read More

Fed Delivers Expected Rate Cut; Powell Says December Rate Cut Not Assured

NEW YORK (Reuters) -A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will restart limited purchases of Treasury securities after money ... 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

Fed Delivers Expected 25 Basis Point Rate Cut as Markets Await Powell’s Comments

As widely anticipated, the U.S. Federal Reserve cut its benchmark interest rate range by 25 basis points to 3.75% to 4.0%. Also as generally expected, the Fed moved to conclude the reduction of the ... Read More

Fed winding down balance sheet contraction amid tightening money markets

Fed announces end to balance sheet winddown on December 1 Fed aims to keep markets with enough liquidity to maintain interest rate control Fed's Powell acknowledges Fed will soon have to expand ... Read More

Federal Reserve cuts key interest rate in bid to boost job market

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ... Read More