Fed rate cuts were supposed to help ease U.S. debt costs
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%.
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 Officials Were Divided Over Size Of Last Month’s Jumbo Interest Rate Cut, Minutes Show
This is what Fed officials discussed behind closed doors last month before agreeing on a big interest rate cut.
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.
Inflation slowed again, new CPI report shows: Will the Fed keep cutting rates?
The consumer price index highlighted moderating inflation for a sixth straight month but it slowed less than expected
Inside the Fed’s big rate cut decision, where officials were more divided than you’d think
The Fed’s decision to opt for a bigger rate cut wasn’t without its controversy, according to minutes from its September meeting. While the move to lower rates by half a percentage point was approved by a majority of the 12 voting members,
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 ...
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 ...
Fed minutes reveal lively September debate about whether first rate cut should be big or small
There was a divide within the Federal Reserve about whether its first interest rate cut in more than four years should be 25 ...
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 ...