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Fed officials see interest rate cuts ahead
Fed says it believes inflation will continue to fall; possible rate cuts ahead
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are pleased with the current easing of interest rates, and more gradual cuts may follow.
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
After 2 Fed rate cuts, some CD rates are climbing back up above 4% APY
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are rising back up again.
Bloomberg L.P.
23h
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
Federal Reserve officials indicated broad support for a careful approach to future interest-
rate
cuts
as the economy ...
1h
on MSN
Fed’s preferred inflation gauge ticked higher to 2.8% — stoking doubts on December rate cut
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
4h
on MSN
Mozambique central bank cuts key rate for sixth time in 2024
Mozambique's central bank cut its main interest rate by 75 basis points on Wednesday, the sixth cut in a row, as inflation ...
13h
Turkey’s Bear Market on the Mend as Investors Wager on Rate Cuts
Turkish stocks are among the world’s worst performers in the second half, but their fortunes are already turning as money ...
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Related topics
Fed
inflation
European Central Bank
Austan Goolsbee
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