4 Fed policymakers favor more rate cuts
Four Fed policymakers favor more rate cuts, but differ on pace
Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.
5 weeks after the Fed cut rates, banks still want your cash — and they're paying to get more of it
The Fed cut rates five weeks ago, but banks are still paying high interest rates on high-yield savings accounts and combo checking/savings offers.
Fed’s Daly Says She Doesn’t See Reasons to Stop Cutting Rates
Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue cutting interest rates to guard against further weakening in the labor market.
Fed needs to continue to cut rates, Daly says
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely" still high enough that they are restraining the economy.
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.
Fed’s Kashkari Sees Slower Pace of Cuts Over Coming Quarters
Federal Reserve Bank of Minneapolis President Neel Kashkari repeated that he favors reducing interest rates at a slower pace in the coming quarters.
Fed policymakers call for 'gradual' rate cuts
A trio of Federal Reserve policymakers on Monday expressed support for gradual U.S. interest-rate cuts, citing the strength of the economy and an uncertain outlook. The remarks -- from Kansas City Fed President Jeffrey Schmid,
Minneapolis Fed's Kashkari sees 'modest' rate cuts for next several quarters
Minneapolis Fed President forecasts more modest cuts over the next several quarters, he said on Monday at the Chippewa Falls Area Chamber of Commerce. Recall that the Federal Open Market Committee initiated its easing cycle in September,
Trump advisers discussed demoting a Fed official — and it’s not Powell
Trump advisers have discussed demoting Fed board member Michael Barr from his job running bank supervision to have a more ...
Fed’s Logan says ‘strong and stable’ U.S. economy faces ‘meaningful uncertainties’
The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful ...
Bank Indonesia Intervenes as Trump, Fed Jitters Weigh on Rupiah
Bank Indonesia intervened in currency markets to support the rupiah as traders price in greater prospects of a Donald Trump ...
Traders See Quarter-Point Fed Cut as Virtual Lock for November
Market pricing for the next Federal Reserve move on interest rates has changed dramatically over the past month. Just a few ...
Here’s why the Fed’s 0.5% rate cut won’t fix America’s housing problem — and why reality may be about to kick in for first-time buyers
The good news is that the Federal Reserve recently cut rates by 0.5% in its September meeting, and more cuts are expected ...
Why The Fed Matters More Than The President For Businesses
The Federal Reserve (the Fed), an independent agency of the United States government, wields immense power over the nation's ...
Fed's Kashkari: any surprise job market weakness could trigger rethink of rate-cut pace
Minneapolis Federal Reserve Bank President Neel Kashkari on Monday repeated he expects "modest" interest-rate cuts over the ...