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 Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting cycle.
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 cuts due to inflation
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump.
Fed’s Kashkari says stronger economy could mean fewer rate cuts
If that is sustained and we are in a structurally more productive economy going forward, then that tells me we probably wouldn’t end up cutting quite as far.”
Fed's Kashkari says central bank may not cut rates as much if economy remains strong
Minneapolis Fed President Kashkari on Saturday said there would probably be fewer interest rate cuts than expected if the U.S. economy stayed strong. Read more here.
Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated ...
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
Additional rate cuts aren't as clear, though, as Donald Trump's proposed widespread tariffs could slow down the Fed's ...
The Associated Press on MSN2d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Fed’s future moves are now more uncertain in the aftermath of the election, given that Donald Trump’s economic proposals ...
CBS News on MSN10d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to ...
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.
The Fed Thinks Inflation Is Vanquished
Jerome Powell gambles he won’t have to raise rates in Trump’s term.
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 ... help spur them to vote for Donald Trump and propel him to a ...