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

OPINION | Hicks: Fed rate cuts can do only so much for U.S. economy

The Federal Reserve’s 0.25% interest rate cut, announced Sept. 17, will have little economic effect by itself. The most important aspect of the move is what it tells us about tariffs and the damage ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

Fed can address job market weakness with normal-sized rate cuts, Waller tells CNBC

WASHINGTON (Reuters) - Federal Reserve Governor Christopher Waller said on Friday that private data shows the job market remains weak and buttresses the case for further interest rate cuts, but added ... Read More

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

Powell said in written remarks that despite the federal government shutdown cutting off official economic data, “the outlook for employment and inflation does not appear to have changed much since our ... 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

Fed minutes show policymakers remain concerned about inflation as they weigh rate cuts

The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they ... Read More

Fed's rate cut reveals how MAGA policies are pushing us toward stagflation | Opinion

The Federal Reserve’s 0.25% interest rate cut, announced Sept. 17, will have little economic effect by itself. The most important aspect of the move is what it tells us about tariffs and the damage ... Read More

How much interest can a $20,000 CD earn now that the Fed cut rates?

An interest rate cut issued in mid-September, while in a relatively small amount, immediately opened new opportunities for borrowers. Previously saddled with high interest rates on everything ranging ... Read More