The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
The Fed is expected to cut its benchmark rate to a range of 4.25% to 4.5% at its December meeting. That would reflect ...
Traders aren’t nearly as sure as they once were that the Federal Reserve will deliver another quarter-point interest-rate cut next month. Market odds stood at 62%, according to the CME Fedwatch ...
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps ...