Economy News Powell Says Solid Economy Allows Fed To Consider Rate Cuts ‘carefully’

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs. Read More

Williams' comments boost odds of a Fed cut, though policy hawks remain adamant

The U.S. Federal Reserve can still cut interest rates "in the near term" without putting its inflation goal at risk, New York Fed President John Williams said on Friday in comments that prompted ... Read More

Trump renews pressure on Powell, Fed to cut rates ahead of its December meeting

WASHINGTON (TNND) — President Donald Trump renewed his criticisms of Fed chair Jerome Powell on Wednesday, claiming he has “mental problems” and renewing his wishes to oust him from his position for ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More

What Powell Says Today Could Matter More Than What the Fed Actually Does with Rate Cuts

The Federal Reserve meets on Wednesday, with Wall Street almost certain it will deliver a quarter-point rate cut, lowering the federal-funds target range to 3.75% to 4.00%. It would mark the second ... 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