Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Powell Expects Two More Smaller Rate Cuts This Year, Still Sees a Soft Landing
The Fed chair is speaking at the annual meeting of the National Association for Business Economics in Nashville, Tenn.
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the Detroit Economic Club.
Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy
Rupee may struggle after Powell dampens hopes of another jumbo rate cut
The Indian rupee is expected to open slightly weaker and stay under pressure on Tuesday after Federal Reserve Chair Jerome Powell pushed back against expectations of more larger-than-usual interest rate cuts,
How the Fed's Interest Rate Cut Could Affect Military Families
From deployments to frequent moves and everything in between, the military experience doesn't always directly match the civilian experience.
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
Powell Terms Economy ‘Strong Overall’ While Also Foreshadowing More Interest Rate Cuts
In a speech to a group of economists, the Federal Reserve chairman offered an even-handed assessment of the economy.
Markets hit fresh records after Powell’s rate cut remarks
The Dow plunged nearly 400 points on remarks from Federal Reserve Chair Jerome Powell, before correcting and ending the day above the record it set Friday.
Dow Falls as Powell Weighs In on Economy, Rate Cuts
U.S. stocks were poised to close out a solid quarter on a down note, edging lower after Fed Chair Jerome Powell suggested the central bank would likely refrain from extra-large interest-rate cuts if the economy evolves as expected.
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
By Howard Schneider NASHVILLE, Tennessee (Reuters) -Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not "in a hurry" after new data boosted confidence in ongoing economic growth and consumer spending.
Here's What The Interest Rate Cut Means For Retirees
Find out how the Federal Reserve’s interest rate cut could affect your retirement savings, investments, and mortgage payments ...
Richmond Fed president urges caution on interest rate cuts because inflation isn’t defeated
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
Interest Rate Cuts: A Blessing or a Curse for Your Stocks?
Since the 1970s, the performance of the S&P 500 has been slightly below average in the 12 months after the first interest ...
What does the Fed interest rate cut mean for home buyers, sellers in Appleton, Green Bay?
The current 15- and 30-year fixed mortgage rates have dropped to 5.15% and 6.09%, respectively, according to a weekly Freddie ...
Mexico central bank cuts interest rate by 25 basis points as inflation cools
The Bank of Mexico lowered its benchmark interest rate by 25 basis points on Thursday for the second straight time, as ...
What could make mortgage interest rates drop this October?
Mortgage interest rates could still fall in October, even without a Fed meeting. Here's what could cause that drop.
BOJ reduces interest rate to 6.5%
The Bank of Jamaica (BOJ) cut interest rates by 25 basis points (bps) to 6.50 per cent per annum, in a move the central bank ...
CD Interest Rate Forecast: Will Rates Go Up or Down in 2024?
What Was the CD Rate Trend in 2023? According to FDIC data, the average yield for a 12-month CD was 1.07% at the end of 2022. Because CD rates often respond to the Federal Funds Rate, they began ...