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Fed Cuts Interest Rate by a Quarter Point

Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet

In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously with future rate cuts to avoid reigniting rapid inflation.

Fed policymakers see slower rate-cut path next year

San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank to lower interest rates on Wednesday by another quarter percentage point was a "close call," adding she agreed with Chair Jerome Powell that caution is now warranted toward further policy adjustments.

Bloomberg L.P. · 1d

Fed’s Goolsbee Now Sees Shallower Path for Rate Cuts Next Year

Federal Reserve Bank of Chicago President Austan Goolsbee said he adjusted his outlook for interest rates a little higher for 2025 but added he still expects borrowing costs to fall a “fair bit more” over the next 12 to 18 months.

Fed Is Losing the Inflation Battle

CNN on MSN · 1d

The Fed’s go-to inflation gauge ticked up less than expected last month

The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.

The Washington Post on MSN · 20h

The Fed begins to weigh how Trump policies could fuel inflation

The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.

Inc. on MSN · 1d

The Fed Is Losing the Inflation Battle as Trump 2.0 Looms

Fed chair Jerome Powell says inflation and interest rates will be higher next year than previously thought. If anyone should know where inflation’s headed, it’s the Federal Reserve. Yet this week’s meeting underscored the opposite: Policymakers are less certain than ever and they don’t exactly know how to prevent prices from roaring back.

10hon MSN

There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says

"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices." ...

15h

Federal workers fed up with paycheck uncertainty surrounding shutdown fights

During a shutdown, most government workers are furloughed, though many are required to report to work if their job is ...

1d

The Fed’s Preferred Inflation Measure Sped Up in November

The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...

19hon MSN

Forget the stock-market tumble, the Fed made the right move in a wild week

Federal Reserve Chair Jerome Powell helped spark a wild week on Wall Street, but a signal that policymakers have put further ...

1d

Fed Reverse Repo Facility Balances Sink Below $100 Billion

The amount of money investors park at a major Federal Reserve facility dropped below $100 billion for the first time since ...

1don MSN

Exclusive: Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say

Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts ...

13hon MSN

Odds now nearly one in five the Fed does nothing next year

The Federal Reserve on Wednesday sent out a clear message that it was prepared to slow the pace of interest rate cuts in 2025 ...

1don MSN

The Fed’s rate cuts were supposed to make borrowing cheaper. So why is it harder than ever to buy a house?

Most recently, right after the Fed’s decision was announced, the 30-year mortgage rate jumped 22 basis points between Tues ...

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