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

Top Fed Official Boosts Odds of a December Rate Cut

John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near term.” ... Read More

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

The Federal Reserve cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” WSJ’s Nick Timiraos explains the central bank’s ... 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 cuts interest rate while being cut off from key government data

In the shadow of the government shutdown, the Federal Reserve forged ahead with another interest rate cut on Wednesday. Fed Chair Jerome Powell announced the second quarter-point cut in as many months ... 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

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

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

Fed cuts rates as shutdown clouds economic dashboard

The Federal Reserve cut its interest rate target on Wednesday for the second time since President Donald Trump entered his second term, a further move toward easing monetary policy. After a two-day ... Read More