Economy News The Fed Will Only Cut Rates Once This Year Because The Us Economy Is Too Strong, Market Vet Says

Fed official sends strong signal on December interest-rate cut

The CME FedWatch Tool slumped almost 21% on Schmid’s Nov. 14 comments to a 43.6% chance of a December interest-rate cut. Read More

Fed to cut rates again in December on weakening job market, say most economists: Reuters poll

The U.S. Federal Reserve will again lower its key interest rate by 25 basis points next month to underpin a weakening labor market, according to 80% of economists polled by Reuters, up slightly from a ... 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 Is Likely to Cut Rates Again as ‘Insurance’ Against a Weakening Economy

The Federal Reserve is expected to cut interest rates by a quarter of a percentage point at its policy meeting on Wednesday, to a target range of 3.75%-4.00%. That would follow a quarter-point cut in ... Read More

Fed's December rate cut looks increasingly like a toss-up

Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence ... Read More

‘Most’ Fed officials backed lower interest rates this year. Here’s what they said at their big meeting.

Most Federal Reserve officials said they would probably need to cut interest rates “over the remainder of the year” because of a worsening labor market and diminished risks of inflation, a summary of ... 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