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Top Fed official backs new rate cuts
Fed members' outlooks reset bets on interest rate cuts in 2025
Just before Joe Biden leaves the White House and Donald Trump returns, two prominent Republican members of the Federal Reserve Board are weighing in on how fast interest rates should come down. The two — Michelle Bowman and Christopher Waller — say rates can come down in a measured way.
Fed Official Says Further Rate Cuts Can Wait
St. Louis Fed President Alberto Musalem said by the time of last month’s meeting the risk that inflation might get stuck between 2.5% and 3% had increased. As a result, he thoug
The Fed Is Back in Wait-and-See Mode With Rate Cuts
Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren
2h
Strong December Jobs Report Kills Chances Of A January Fed Rate Cut
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
22h
Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
1d
Fed's Christopher Waller Supports Rate Cuts Despite Trump Tariff Concerns
Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns ...
3h
The Fed Funds Market Is Not What It Used To Be
Explore the impact of the Fed Funds Rate on U.S. monetary policy and how it has evolved post-GFC, shifting focus to IORB and ...
1d
on MSN
Stock market today: Indexes mixed as traders take in Fed minutes, mull rate outlook
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
2d
on MSN
Dollar advances as Fed likely to slow rate-cut pace after US data
Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) - The U.S. dollar gained on Tuesday after economic data showing a ...
3d
on MSN
HELOC interest rate pros and cons to know for 2025
The utilization of your home equity needs to be done both carefully and strategically. And it can be done so effectively with ...
CNET on MSN
3d
Mortgage Rate News and Outlook for Week of Jan. 6-12, 2025
Aside from typical day-to-day fluctuations, mortgage rates are expected to stay above 6.5% for the next few months. If ...
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