After lowering interest rates by a full percentage point last year, officials at the central bank are weighing a solid ...
The FOMC will announce its rate decision at 2 p.m. Eastern time and release its updated Summary of Economic Projections then, ...
Consumers and traders are waiting to learn if the Fed’s expected pause today is a one-meeting hold or the start of a longer stretch.
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark ...
After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it ...
Community News Service and the Middletown Transcript. Andrew Caballero-Reynolds/AFP via Getty Images Investors have scaled back their expectations for Fed funds rate cuts in 2025, and an ...
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’. Federal Reserve Chairman Jerome Powell said that the decision to cut rate ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
That's marks a sharp reversal from September, when the Fed cut rates for the first time since 2020, kicking off what was thought to be an easing cycle that would extend well into 2025. Instead ...
ST. LOUIS—A Federal Reserve official said he viewed last month’s decision to lower interest rates as a “close call” because the economic outlook appears to be different now than it was ...