Economy News Americans Are Feeling Better About The Economy After The Fed’s Jumbo Rate Cut

Fed's next rate cut could reshape borrowing costs for millions of Americans

The Federal Reserve is expected to announce a rate cut on October 29, 2025, with a predicted reduction of 25 basis points. This adjustment would set the federal funds rate target between 3.75% and 4%. Read More

What the second rate cut of the year means for your wallet

The Fed cut interest rates in its October meeting for the second time this year. Rate cuts could ease mortgage and credit card borrowing costs for consumers. It could also become easier for companies ... Read More

Top economist on the economy’s dirty truth: The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’

Inflation may be increasing at a slower pace than expected, the markets might be cheering, and the Fed will likely soon be cutting, but Diane Swonk isn’t popping Champagne. The veteran economist says ... Read More

Federal Reserve cuts rates to lowest level in three years

• The Federal Reserve said Wednesday it is lowering its benchmark interest rate by a quarter point, but offered no clear outlook for its next decision, due in December. • Central bank officials have ... Read More

What the second rate cut of the year means for your wallet

The Fed made its second interest rate cut of the year, and borrowers could soon start feeling relief. The Federal Open Market Committee opted for a quarter-point cut in its announcement on Wednesday. Read More