Sees more modest rate cuts ahead for U.S. economy
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.
Fed's Kashkari: Sees more modest rate cuts ahead for U.S. economy
U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the central bank as the 2% inflation target looms into sight.
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.
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.
The Fed And Federal Budget Extravagance: Interest Rate Cuts At Risk
Contingency planning for possibility of rising inflation and interest rates will help businesses respond to changes fast and calmly—better than dithering or panicking.
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.
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.
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%.
Fed’s Kashkari Says ‘Further Modest’ Cuts Apt in Coming Quarters
Minneapolis Federal Reserve President Neel Kashkari said it appears likely that “further modest reductions” in the central bank’s benchmark interest rate will be appropriate in the coming quarters.
Fed’s Kashkari said 'modest' rate cuts are 'likely' in the coming quarters
Minneapolis Fed president Neel Kashkari said it’s 'likely' the central bank will make 'modest' interest rate reductions in the 'coming quarters,' joining colleagues who are arguing for a gradual pace of cuts.
Minneapolis Fed's Kashkari sees further 'modest' rate cuts as appropriate
U.S. monetary policy remains restrictive, "though just how restrictive is unclear to me," Minneapolis Fed President Neel Kashkari said on Monday. Inflation has come down, but remains "somewhat above" the Federal Reserve's 2% target.
Dollar to Stay Firm Amid Fed Rate Cuts But Rises May Be Limited
The dollar was holding on to its recent gains, trading near a two-month high against a basket of currencies, and should remain strong after investors significantly scaled back expectations for U.S.
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 ...
Fed Minutes Reveal Divide Over Size of September Rate Cut
While a ‘substantial majority’ favored the larger half-point reduction, some officials thought a smaller quarter-point cut ...
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 for a gradual pace of interest rate cuts.
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 ...