Fed cuts interest rate for third time this year as economic uncertainty looms

The Federal Reserve is expected to announce another quarter-point cut to its key interest rate Wednesday, an effort to boost what appears to some to be a steady but cooling economy. Read More

Fed Kept Options Open on Rate Cuts, Minutes Show

Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers favored lowering rates “gradually.” By Jeanna Smialek Minutes from the Federal Reserve’s November meeting offered ... 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

Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year

The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025. Read More

Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts

Federal Reserve Chair Jerome Powell said the economy looks ... which means the Fed can move more slowly in reducing borrowing costs. “We wanted to send a strong signal that we were going to ... Read More

Fed members back gradual rate cuts should economy evolve as expected: Fed Minutes

Fed chairman Jerome Powell signal that economy isn't signalling a need for speed on rate cuts as the recent strength allows the Fed to take a careful approach to monetary policy decisions. Read More

Fed Minutes Signal More Caution on Cuts if Inflation Progress Stalls

Federal Reserve officials discussed potentially slowing down or pausing interest-rate cuts if progress on lowering ... Officials thought that if the economy performed in line with their ... Read More

Fed minutes to provide signals on rate cuts

Both the economy and markets seem to agree with the higher rate group. While most Fed officials ... is still not convincingly settled around the 2% goal. A pickup in US labor productivity has ... Read More

Fed's Williams: More rate cuts likely needed ‘over time’

Expects more rate cuts to happen over time ... Fed does with policy depends on incoming data. Outlook for economy and policy remains ‘highly uncertain.’ Expects US GDP at 2.5% this year, might ... Read More