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

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

The Fed 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. Following a quarter-point ... Read More

US Fed official backed rate pause because inflation 'too high'

A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was "too high" for comfort. Among the 10-2 majority voting for a ... Read More

Fed policymakers divided over need for more rate cuts

U.S. central bankers who have supported two interest rate cuts this year signaled on Monday divergent views on the need for more, underscoring the challenge for Federal Reserve Chair Jerome Powell as ... Read More

Case for Fed pause mounts

A torrent of delayed U.S. economic data is set to hit over the next month as the government reopens following its longest shutdown on record, but a growing number of Federal Reserve officials doubt ... Read More

Fed’s Daly Says Need to Avoid Mistake of Holding Rates Too Long

Federal Reserve Bank of San Francisco President Mary Daly said the US economy is probably suffering a downturn in demand while tariff-related inflation appears to be contained for now, and warned ... 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

Fed lowers interest rates as it struggles to assess state of US economy without key government data

Even in the best of times, the Fed has a tough time interpreting the data and deciding how best to guide the US economy. Read More

Fed Chair Powell Says December Interest Rate Cut Is ‘Far From’ Guaranteed

The Federal Reserve's policy committee won't necessarily cut interest rates in December, contrary to what financial markets had expected. Read More