Banks, investors hope for lighter regulations after Fed's Michael Barr steps down
Bank stocks rose after Fed Vice Chair Michael Barr stepped down from his banking regulator role. Banks, investors are anticipating more lenient rules ...
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
Michael Barr said in a letter to President Biden he would step down as vice chair for supervision Feb. 28, or earlier if a ...
Hosted on MSN16h
Federal Reserve’s Michael Barr resigns in fear of President Trump
Michael Barr is out. The Federal Reserve’s Vice Chair for Supervision has announced he’s stepping down from the top ...
Three Ways the Fed's Message Falls Short — and How to Fix Them
The better the quality of the central bank’s messaging the more accurately market participants can assess how policy is ...
Federal Reserve's preferred inflation gauge shows price pressures eased last month
Inflation, according to the measure released Friday — the personal consumption expenditures price index — has plummeted from a peak of 7.2% in June 2022 to 2.1% in September. The Fed's tool for ...
Couriermail18d
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 ...
CNN18d
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 Times19d
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 Review19d
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 Journal19d
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 ...
PBS19d
WATCH: Fed Chair Powell holds news conference following quarter-point interest rate cut
The future of public media depends on viewers like you. WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also ...
The Financial Times19d
FirstFT: Trump 2.0 looms large over Federal Reserve’s 2025 outlook
Also in today’s newsletter, sentencing in France’s mass rape case and the FT’s Person of the Year Chair Jay Powell said the Federal Reserve was in a ‘new phase’ as borrowing costs close ...