Why the Fed is likely to cut interest rates again despite inflation uptick, solid economy

Despite stubbornly high inflation recently and a sturdy economy and job market, the Federal Reserve is expected to cut interest rates this week for the third straight meeting. What gives? Read More

The good, the bad and the uncertainty of the US economy under a Trump presidency

The Trump administration’s effects on growth and inflation will depend on the relative balance of positive and negative policies. There’s reason to expect that some of his radically bad policy ... Read More

Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after. Read More

Economic Update: The Fed’s forecast for the 2025 economy

In this week’s economic update, interest rates dropped again this week, but how will this impact our economy in 2025? Director of Data-Driven Economic Strategies (DDES) Tatiana Bailey explained in the ... Read More

'Inflation isn't getting out of the octagon': Fed official turns to MMA to talk economy

That was the message from Fed governor ... inflation isn't getting out of the octagon," he added, according to the publication. Want more breaking political news? Click for the latest headlines ... Read More

Trump Isn’t President Yet. He’s Already Spooking the Fed.

Federal Reserve Chair Jerome Powell held a news conference after the central ... means fewer rate cuts on the horizon. The Fed’s economic projections, and Chair Jerome Powell’s press ... Read More

Fed lowers key interest rate by another quarter point but sees just 2 cuts in 2025

The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick. Read More

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

The Federal Reserve’s preferred ... driven engine behind economic growth is starting to sputter. “For all that talk about consumer spending being so strong, we’re getting a really, really ... Read More

10-year Treasury yield climbs to 4.57% one day after Fed signals slower rate cutting cycle

U.S. Treasury yield climbed on Thursday after the Federal Reserve signaled fewer rate cuts are on the horizon next year. Read More

The final Fed meeting of 2024 awaits: What to know this week

Investors are set to receive a jam-packed week of economic news, highlighted ... and the possibility of the Fed cutting interest rates less than initially, though next year isn't a "surprise." ... Read More

The Fed is lowering interest rates. So why are mortgage rates going up?

The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, they're higher. Why? Read More