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

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

December Rate Cut Seems Likelier After One Fed Official's Comments

Key Takeaways A key Federal Reserve official indicated he was open to lowering the central bank's key interest rate at the Fed's next meeting in December.Odds of a rate cut jumped significantly after ... 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

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

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

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

The Fed Must Act Now – Before the Job Market Cracks

America’s labor market is flashing red, and the Federal Reserve is watching the light change instead of hitting the brakes. Job openings have fallen to 7.26 million, the lowest level in 4½ years. Read More

What is happening to the economy right now, according to the SF Fed president

The Federal Reserve’s influence on the economy is immense, and often misunderstood. Mary Daly, president of the Federal Reserve Bank of San Francisco, gives an exclusive, firsthand look into the ... 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