Economy News Interest Rate Cuts Could Be Coming This Fall, Adding Another Wrinkle To An Election Set To Focus On The Economy

Next Fed interest-rate cut could slide into 2026

Some Wall Street firms believe a rate cut in January 2026 is unlikely if inflation remains elevated, according to the Financial Times (subscription required). That said, several major houses expect ... Read More

2 Federal Reserve officials oppose an interest rate cut in December

Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central bank’s next meeting in December, further muddying the outlook for the Fed’s next steps ... Read More

Dollar Could Fall on Prospect of Sustained Rate Cuts

1315 GMT – The dollar could weaken as investors will grow more confident that sustained U.S. interest-rate cuts are coming, Morgan Stanley analysts say in a note. A convergence in U.S. growth relative ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

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 more this ... Read More

Mortgage rates set to fall as HSBC and Barclays announce cuts

Two major banks have cut their their mortgage rates on news interest rates could now fall faster than expected. Both HSBC and Barclays have today announced they will be lowering rates across some of ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

WASHINGTON — A sharp slowdown in hiring poses a growing risk to the US economy, Federal Reserve chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more ... Read More