Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
Fed officials wary of inflation risks as they weigh more rate cuts
By Ann Saphir (Reuters) -After a scare earlier this year that the U.S. labor market might be cooling too fast, some Federal Reserve policymakers are shifting their attention back to inflation risks as they weigh when,
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
After 75 basis points of rate cuts by the U.S. central bank's policy-setting Federal Open Market Committee over the last couple of months, the Fed policy rate is now in the 4.50%-4.75% range - "right at the top" of the estimated range of the neutral rate ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Asia-Pacific markets open higher as U.S. inflation report fuels Fed rate cut expectations
The U.S.’ October CPI came in line with expectations, accelerating slightly to an annual inflation rate of 2.6%.
Fed should proceed 'with caution' on rate cuts, Logan says
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation, Dallas Federal Reserve President Lorie Logan said on Wednesday. After having made "a great deal of progress" in bringing down inflation from 40-year highs,
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts
US inflation accelerated in October from the pace it set a month earlier — raising doubts whether the Federal Reserve will continue to cut interest rates before the end of the year. The Consumer Price Index rose 2.
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What to expect ahead of today’s Federal Open Market Committee (FOMC) meeting
Many economists speculate about what will happen during the November 6 and 7 Federal Open Market Committee (FOMC) meeting, ...
November FOMC Meeting: With Election In Focus, Fed May Opt For A 'Safe' 25 Bps Cut
The FOMC is expected to cut the Fed funds rate by 25 basis points, a move heavily anticipated by the market. See if election ...
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Examining the Performance of FOMC Inflation Forecasts
Calendar-year inflation forecasts from Federal Open Market Committee meeting participants typically start near 2% and then ...
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Federal Open Market Committee press conference: Live coverage
The Federal Reserve's Federal Open Market Committee will announce its interest rate decision at 2pm, followed by a press ...
FOMC Notches Another Unanimous Interest-Rate Decision
The Federal Open Market Committee unanimously voted to lower interest rates by a quarter of a percentage point on Thursday.
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.