Economy News Fed Holds The Line On Interest Rates, Sees A Stronger Economy But Still Three Rate Cuts Coming In 2024

Fed’s Williams Sees Room for ‘Near-Term’ Rate Cut

Market expectations of a December rate reduction jumped after a top ally of the Fed chair countered recent opposition to a cut. Read More

Fed cuts interest rates for second time this year amid labor market weakness

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ... Read More

The Fed cuts interest rates to bolster job market

The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December. The ... Read More

Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?

A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn inflation. Read More

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

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. “Job gains have slowed this ... Read More

Fed president explains vote against interest rate cut

The Federal Reserve cut interest rates for the second time in 2025 last week, though one member of the central bank's monetary policy committee voted against cutting rates, citing concerns over ... Read More

Fed Cuts Rates; Powell Says Future Cuts ‘Far From’ Certain

The Fed lowered rates by 25 basis points to 3.75%-4.00% at its October meeting. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ... Read More

Future Fed Rate Cuts ‘Far’ From Certain After Divided Meeting

The Federal Reserve lowered interest rates at its second consecutive meeting, but Chair Jerome Powell cast doubt on expectations of a further rate cut this year. Powell made an unusually pointed ... Read More