Fed rate cuts were supposed to help ease U.S. debt costs, but it’s not looking good so far
Last fiscal year, the interest expense on U.S. debt was $950 billion, up 35% from the prior due mostly to higher rates.
What The Fed’s Rate Cut Means For Your Money
Looking ahead, the Fed expects to make further rate cuts— possibly another 0.50% in 2024 and 1.0% more in 2025. Additionally, the Federal Reserve now expects the unemployment rate to rise to 4.4% in 2024, and inflation to come down to 2.3%.
Traders keep bets on 25 basis point Fed rate cuts in November, December
The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were flat last month compared with August,
JPMorgan CEO Says the Fed's Rate Cuts Are a 'Minor Thing.' Is He Right?
JPMorgan Chase CEO Jamie Dimon has downplayed the Fed's recent interest rate cut. In reality, rate cuts have the potential to change a lot of people's financial situations. Rate cuts are expected to continue, and they're likely to make borrowing less expensive but limit the amount of interest savers can earn.
Fed Shouldn’t Cut Interest Rates Further This Year, Says One Economist
This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron's.Is the Fed Too Dovish?Morning Briefing Yardeni ResearchOct. 10: The monetary-policy hawks may be coming home to roost at the Federal Reserve’s Nov.
The Fed And Federal Budget Extravagance: Interest Rate Cuts At Risk
The Federal Reserve began cutting interest rates in September 2024, and Fed leadership communicated that more cuts would be likely in the remainder of 2024 and into 2025.
Fed decision to go big on rate cut was not a slam dunk
The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve board meeting.
Bond Traders’ Big Week Ends With Fed Rate Cuts Even Less Certain
The bond market is growing less convinced by the day that the Federal Reserve will embark on two further interest-rate cuts this year.
Fed’s Bostic Keeps Door Open to Skipping Rate Cut in November
A Federal Reserve official said he was open to cutting interest rates by a quarter percentage point or standing pat at the central bank’s meeting next month depending on how the economic outlook develops.
Some Fed Officials Were On The Fence About Its Super-Sized Rate Cut
It turns out that policymakers at the Federal Reserve were more divided about the decision to make a super-sized cut to borrowing costs in September than the committee’s final vote indicated.
Austan Goolsbee Explains the Fed’s Big Rate Cut
And where the risks are now.
Dax Index News: Fed and ECB Rate Cuts Could Push DAX to New Highs – Forecast Today
German inflation drop fuels ECB rate cut bets, driving DAX gains. Investors eye ECB and Fed policy shifts for future market ...
Inflation rose more than expected last month — dimming hopes for another big rate cut from Fed
For the Fed, last week’s stronger-than-expected jobs report fueled concern the economy might not be cooling enough to slow ...
CPI bolsters hawkish view that Fed rate cuts need to be gradual
A warmer-than-expected inflation reading released Thursday offers new ammunition for Federal Reserve hawks who are arguing ...
The Federal Reserve’s interest-rate panic is creating a windfall for retirees
Those who need to generate low-risk income out of their savings can earn more than they could have done even a few weeks ago.
Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus
The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ indicated it could break up ...
Fed Vice Chair Jefferson: Sept rate cut was 'timely'
The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed ...