Fed's Kashkari Warns Of Dec. Interest Rate Pause Risk

The Fed just cut interest rates by another 25 basis points—here's what will get cheaper
With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.
The Fed’s Kashkari Sees a December Interest-Rate Cut. Unless There’s an Inflation Surprise.
A higher neutral rate could limit interest rates’ decline, Minneapolis Federal Reserve President Neel Kashkari said.
Fed's Kashkari Warns Of December Interest Rate Pause Risk: 'Surprises To The Upside'
A one-off increase in the price of goods is not enough to trigger ... of Trump attempting to push out Fed Chair Jerome Powell if he disagrees with the Fed's interest rate policy. Kashkari declined to comment directly on this, referring to Powell's own ...
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
How Another Fed Rate Cut Could Help (or Hurt) Your Finances
However, the Fed takes a risk if it brings inflation down too much. Any major, rapid decline in economic activity can cause a major spike in joblessness, leading to a recession. You might hear the phrase "soft landing," which refers to the balancing act of keeping inflation in check and unemployment low.
The Federal Reserve gives Americans another interest-rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.
Fed’s Kashkari Says Only Inflation Could Derail December Cut
Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting.
Fed may pause in December if inflation surprises higher, Kashkari says
An interest-rate cut in December may not happen if inflation surprises to the upside, Minneapolis Federal Reserve President Neel Kashkari said on Tuesday.
Federal Reserve Cuts Rates: What It Means for Savings Accounts, Investments and Loans
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
CNBC4d
The Fed increased interest rates again — here's why you should save more and pay off debt in response
In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interest rates going forward. The ...
The Associated Press on MSN8d
Federal Reserve is set to cut rates again while facing a hazy post-election outlook
Instead, the central bank is lowering rates as part of what Powell has called “a recalibration” to a lower-inflation ...
Boston Herald9d
Fed eyes another rate cut
When inflation spiked to a four-decade high of 9.1% in June 2022, the Fed proceeded to raise rates 11 times — ultimately sending its key rate to about 5.3%, also the highest in four decades.
CBS News1d
What are today's mortgage and mortgage refinance interest rates?
Plus, borrowers may soon see some relief if the Fed decides to pause rate hikes following its July rate increase. "Over the past two years, as the Fed has increased interest rates, ...
Powell Won’t Rule Out an Interest-Rate Increase for Next Year
Federal Reserve Chair Jerome Powell said Thursday it is too soon to be certain that the bank won’t need to raise interest ...