Us Breaking News Us Fed Vice Chair Says Interest Rates Should Remain On Pause

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions—dueling threats that call for opposing ... Read More

Fed Vice Chair: Tradeoffs Reinforce Need to 'Proceed Slowly' on Rate Cuts

Federal Reserve Vice Chair Philip Jefferson said the risk of stubborn inflation and weaker employment conditions “underscores the need to proceed slowly” with interest-rate cuts. Jefferson made the ... Read More

Fed needs to move slowly with further rate cuts, Jefferson says

Federal Reserve Vice Chair Philip Jefferson said on Monday the U.S. central bank needs to "proceed slowly" with any further interest rate cuts as it eases policy towards a level that would likely stop ... Read More

Fed Vice Chair Jefferson: Slow approach to cuts makes sense as policy rate approaches neutral

The Federal Reserve should "proceed slowly" in approving further interest rate cuts as monetary policy moves closer to a neutral stance, Fed Vice Chair Philip Jefferson said on Friday. Read More

Fed Poised to Cut Rates This Week, With More Easing Likely on Tap

(Reuters) -Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the second time this year as they look to prevent ... Read More

2 Federal Reserve officials oppose an interest rate cut in December

Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central bank’s next meeting in December, further muddying the outlook for the Fed’s next steps. Read More

Fed cuts interest rates by quarter point for second time in a row, showing concern about job market

The Federal Reserve on Wednesday cut interest rates by a quarter point for the second time in a row on labor market concerns – but Chair Jerome Powell said another cut in December is “far from” ... Read More

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

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ... Read More

Fed Cuts Interest Rates for Second Time This Year

new video loaded: Fed Cuts Interest Rates for Second Time This Year transcript Fed Chair Jerome Powell announced that the Federal Reserve would cut interest rates by another quarter point on Wednesday ... Read More