Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs ...
New Year, New Fed: What the FOMC Rotation Could Mean for Interest Rates
The Federal Reserve's policy committee is changing for 2025, and the turnover could affect the central bank's decisions on setting interest rates.
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have on efforts to reduce it. The policymakers ...
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Fed's Waller Believes Further Cuts 'Will Be Appropriate'
Federal Reserve Governor Christopher Waller said, "if the outlook evolves as I have described here, I will support continuing ...
Top Fed official backs new rate cuts even if Trump tariffs materialize
A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite ...
CNBC15d
Understanding the federal funds rate: What it is and how it affects your wallet
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
Journal Record16d
Opolis Clothing grows from tailgate to national brand
Opolis Clothing gained national exposure for their Danny Stutsman shirt and then ESPN’s Pat McAfee featured them on ...
Couriermail19d
Aussie dollar crashes following surprise Federal Reserve move
The cause of this was the US Federal Reserve’s decision to cut interest rates by 0.25 per cent, in line with market expectations. The bank surprised markets by indicating there would only be two ...
CNN20d
Dow plunges by more than 1,100 points after Fed projects fewer rate cuts next year
The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin ...
Hindustan Times20d
US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025
The Federal Open Market Committee voted 11-1 on Wednesday to cut the federal funds rate to a range of 4.25%-4.5%. Federal Reserve officials lowered their benchmark ...
The Australian Financial Review20d
Shares, dollar slammed after Fed walks back rate cut plans
The US Federal Reserve stunned investors on Wednesday (Thursday AEDT) after forecasting just two interest rate reductions in 2025 when Donald Trump will be sworn in as US president. It had ...
Wall Street Journal21d
Federal Reserve Cuts Rates: What It Means for Your Money in 2025
At a press conference on Dec. 18, Federal Reserve Chair Jerome Powell had a very positive outlook on the economy: “We're in a really good place. Our policy is in a really good place. I expect ...