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Fed officials wary of inflation risks
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
Fed officials wary of inflation risks as they weigh more rate cuts
Traders in financial markets piled into bets that the
Fed
's policy-setting Federal Open Market Committee, fresh from last week's quarter-percentage-point rate cut, will go ahead with another reduction in borrowing costs at its Dec. 17-18
meeting
.
Inflation Picks Up to 2.6%, but Door Stays Open to Fed Rate Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
5d
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
6d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
6d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of ...
7h
on MSN
Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed’s Next Rate Decision.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday.
USA Today
17h
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
Logan did not speak directly to her view on the appropriateness of a rate cut at the
Fed
's Dec. 17-18
meeting
, but her ...
CNET on MSN
7d
First Fed Meeting After Election: Expect a Rate Cut, but What's in Store for 2025?
After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money ...
6d
on MSN
What to expect from the Fed's meeting today
CNBC's Steve Liesman joins 'The Exchange' to discuss the Fed's outlook with on rate cuts with a new president-elect.
6d
Fed Cuts Rates Again
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...
6d
Fed Meeting Live Updates: Powell discusses latest rate cut, inflation and Trump
Since its inception in 1976, Bankrate has been the top source for information on interest rates and the Federal Reserve. With ...
11d
The November Fed Meeting: What To Expect And How To Trade It
The Fed lowering interest rates will lower financial balances in the private sector by $82B per year. Find out what to expect ...
1d
Wall Street opens little changed after in-line inflation data
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on ...
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