Economy News Fed Rate Cuts Are Often A Warning Sign For The Economy That Might Not Be The Case This Time Around

The Fed makes a second interest rate cut. Here’s what will — and won’t — change for your money.

At its October rate-setting gathering, the Federal Open Market Committee (FOMC) lowered its benchmark rate by a quarter of a percentage point to a new target range of 3.75%-4%. That’s the lowest level ... Read More

Fed cuts interest rate by a quarter point as government shutdown clouds economic outlook

Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to roughly 5.3% in 2023 and 2024 to combat the biggest inflation spike in four ... Read More

Fed cuts interest rates for 2nd time this year, but rejects large reduction sought by Trump

Last month, the Federal Open Market Committee (FOMC), a policymaking body at the Fed, projected two additional quarter-point rate cuts over the remainder of the year. By contrast, Trump has called for ... Read More

What the latest Fed rate cut means for your money — even if the next one is not certain

The U.S. Federal Reserve cut its key interest-rate target by a quarter of a percentage point on Wednesday. But Fed Chair Jerome Powell cautioned that another move in 2025 is not guaranteed. "A further ... Read More

Federal Reserve officials remain cautious on future rate cuts

Federal Reserve officials remain cautious about future interest rate cuts, with an account from the central bank's meeting in September underscoring the division among central bank officials over the ... Read More

Fed Divisions Reveal New Caution Over Continued Cuts

Powell forcefully warned against assuming another rate cut is a done deal as officials navigate an economy where spending is solid but hiring has slowed. 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 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 Rate Cuts Might Not Lead to Lower Mortgage Rates. What That Means for Investors.

For many months, Donald Trump pushed hard for the Federal Reserve to lower rates, arguing, in part, that the move would spur refinancing activity and make housing more affordable, thereby giving the ... 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