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

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 ... 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

Jerome Powell’s era of consensus at the Fed is over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ... Read More

Federal Reserve cuts key rate yet Powell says future reductions are not locked in

Federal Reserve Chairman Jerome Powell speaks at a news conference after the Federal Open Market Committee meeting on Wednesday at the Federal Reserve Board Building in Washington. WASHINGTON — The ... Read More

Federal Reserve cuts key rate yet Powell says future reductions are not locked in

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair ... Read More