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

The Fed is divided over cutting interest rates. Here's why that matters

If the Fed holds interest rates steady as a means of protecting against tariff-induced inflation, it risks a deeper slowdown of the labor market. On the other hand, if the Fed lowers rates to ... Read More

Fed vice chair backs slow rate cuts given trade-offs

On November 17, 2025, the Federal Reserve's vice chair used two public appearances to stress that tradeoffs in the current economy reinforce the need to "proceed slowly" on interest-rate cuts, ... 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

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

US Treasury secretary takes aim at Fed's interest rate control system

U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling and needs to be simplified. Read More

Big Changes Coming to the Fed—And Interest Rates—Next Year If This Frontrunner Gets Powell’s Job

The reported frontrunner to take over as Federal Reserve chair in May has a recent track record of advocating for the central bank lowering interest rates. Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

US Treasury's Bessent Says Fed's Language Shows They Are 'Stuck in the Past'

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Thursday applauded the Federal Reserve's decision to cut interest rates by a quarter percentage point, but said comments casting doubt on ... 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