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

Fed trims rates again but future cuts uncertain

The Fed cut interest rates slightly on Wednesday to steady the economy amid a weakening job market, as a long government shutdown has clouded its view of the economy. Read More

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming? Read More

Federal Reserve cuts interest rates by 0.25 percentage points amid weaker labor market

The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring. Read More

Fed lowers rates, but Powell suggests move may be the last of 2025

A policy divide within the central bank and a lack of federal government data may put another interest rate cut out of reach this year, Fed Chair Powell said, as he acknowledged the threats that ... Read More

Fed Cuts Rates as Officials Worry About Labor Market

The Federal Reserve cut interest rates by a quarter point for the second time this year. Investors lowered the probability of a cut at the Fed’s December meeting after Jerome Powell, the central ... Read More