Jobs News The Fed Could Pause Rate Cuts At Its Meeting Next Week If The October Jobs Report Is Hot, Wharton Professor Jeremy Siegel Says

Fed's next rate cut could rescue jobs or crush your wallet

The Federal Reserve’s Federal Open Market Committee (FOMC) is poised to make a critical decision this week regarding a potential interest rate cut. With markets anticipating a 90% chance of a 25 basis ... Read More

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming? Read More

Future Fed Rate Cuts ‘Far’ From Certain After Divided Meeting

Chair Jerome Powell injected new doubt by highlighting a “growing chorus” of officials who are wary about further reductions. Read More

Uncertainty Grows as Fed Officials Diverge on Rate Cuts

Mixed signals from Fed officials show deep divisions on another rate cut in December as inflation lingers and key data remains missing. Read More

Amid Limited Jobs Data, Fed Takes Cautious Stance on Rate Cuts

Taking a question following the Fed’s expected move to lower interest rates by a quarter point, Powell told reporters a December cut is “not a foregone conclusion – far from it.” That sent a shiver ... Read More

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

This is read by an automated voice. Please report any issues or inconsistencies here. A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said ... Read More

Fed's Daly says policymakers need to keep an open mind about further cuts

Slowing payroll growth in the U.S. is likely due more to weaker demand for workers than the drop in the labor force from tightened immigration policy, an important distinction in the U.S. Federal ... Read More

Lower-Than-Expected Inflation Keeps Fed On Track For October Rate Cut

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

Should you lock in a home equity loan rate before the October Fed meeting?

It's an exciting time to be a borrower. And all three could soon be even lower, if the Federal Reserve continues its recent rate-cut campaign, which seems inevitable for when the central bank meets ... Read More