Economy News Fed Acknowledges ‘strong’ Economy’ But Chooses To Leave Interest Rates Unchanged

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

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs. Read More

Fed's Williams says Fed can still cut rates in the "near term," boosting odds of a December move

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 in comments that prompted ... Read More

Legendary investor shares bold take on Fed cut in December

Influential John C. Williams, President and CEO of the New York Fed, came out on Nov 21 with dovish comments, ostensibly to soothe markets, saying “I still see room for a further adjustment in the ... Read More

Fed lowers interest rates as it struggles to assess state of US economy without key government data

When it comes to setting monetary policy for the world’s largest economy, what data drives decision-making? In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the Federal ... Read More