Today: September 21, 2024
Today: September 21, 2024

Latest From Ann Saphir

Business|Economy|Finance|Stock Markets

Fed to go big on first rate cut, traders bet

Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an expectation

Fed to go big on first rate cut, traders bet
Business|Economy|Finance

Fed's Daly says rate cuts needed to keep labor market healthy

The Federal Reserve needs to cut interest rates to keep the labor market healthy, but it is now down to incoming economic data to determine by how much, San Francisco Fed

Fed's Daly says rate cuts needed to keep labor market healthy
Business|Economy|Finance|News

Fed most likely to cut rates by quarter percentage point next month, Daly says

San Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point reduction in

Fed most likely to cut rates by quarter percentage point next month, Daly says
Economy|Finance

What to look for at Fed's Jackson Hole symposium

Central bankers from around the world fly into Jackson Hole, Wyoming, this week to attend what has become the globe's premier economic gathering, the Kansas City Federal

What to look for at Fed's Jackson Hole symposium
Business|Economy|News

Fed policymakers signal rate cuts ahead, but not because of market rout

Federal Reserve policymakers are increasingly confident that inflation is cooling enough to allow interest-rate cuts ahead, and they will take their cues on the size and

Fed policymakers signal rate cuts ahead, but not because of market rout
Finance|News

US 30-year mortgage rate drops on weak jobs data, Fed rate-cut signals

The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy

US 30-year mortgage rate drops on weak jobs data, Fed rate-cut signals
Business|Economy|Finance|News

Fed rate cuts loom large as US job market slows sharply

U.S. central bankers may be having second thoughts about their decision earlier this week to hold borrowing costs steady, after a government report on Friday showed the job

Fed rate cuts loom large as US job market slows sharply
Economy|Finance

Tougher US credit conditions may help pave Fed's rate-cut path

Benign inflation data and a cooling job market aside, U.S. credit conditions featuring tepid loan demand and stiff terms may also be bolstering confidence among Federal

Tougher US credit conditions may help pave Fed's rate-cut path
Economy|Finance

Fed seen on track for September rate cut after good inflation data

Federal Reserve policymakers on Friday got fresh evidence of progress on inflation, fueling expectations they will use the U.S. central bank's meeting next week to signal they

Fed seen on track for September rate cut after good inflation data
Economy|News

Fed's Goolsbee says US economy looks back on track to 2% inflation

Chicago Federal Reserve Bank President Austan Goolsbee said on Thursday the U.S. economy looks like it is back on track to 2% inflation after a bump up earlier this

Fed's Goolsbee says US economy looks back on track to 2% inflation
News

Biden, Trump point fingers at each other on inflation during debate

U.S.

Biden, Trump point fingers at each other on inflation during debate
News|Political

Fed's Bowman: need steady policy rate 'for some time' to beat inflation

U.S.

Fed's Bowman: need steady policy rate 'for some time' to beat inflation
News

Fed Chair Powell scheduled for July 9 Senate Banking testimony

U.S.

Fed Chair Powell scheduled for July 9 Senate Banking testimony
Business

Fed's Goolsbee: policy 'restrictive,' more disinflation likely

Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes last year's improvements in the supply of goods and labor set the stage for further

Fed's Goolsbee: policy 'restrictive,' more disinflation likely
Business

Fed rate cut seen on track for June even as inflation bumps up

An increase in U.S. inflation last month that was largely in line with expectations likely won't change the calculus for U.S. central bankers weighing when to deliver a first

Fed rate cut seen on track for June even as inflation bumps up
Business

Fed Chair Powell faces tough communications task on rate cuts ahead

Federal Reserve Chair Jerome Powell has a tough task on Wednesday as he wraps up the U.S. central bank's first policy meeting of 2024: signaling an end to interest-rate hikes

Fed Chair Powell faces tough communications task on rate cuts ahead
Business

Traders keep bets the Fed's rate cuts will start in May

Inflation is cooling, but not quite quick enough to allow the U.S. central bank to deliver its first interest-rate reduction by March, with traders betting on Friday that May

Traders keep bets the Fed's rate cuts will start in May
Business

Five signs the Fed's pivot is underway before even a single rate cut

Federal Reserve policymakers have signaled they won't cut U.S. interest rates just yet; economists think they will wait until June, given ongoing strength in household

Five signs the Fed's pivot is underway before even a single rate cut
Economy

Fed policymakers see just one rate cut this year, 4 cuts in 2025

U.S. central bankers believe they’ll cut interest rates just once this year, two fewer than they thought in March as inflation approaches their 2% goal more slowly than they

Fed policymakers see just one rate cut this year, 4 cuts in 2025
Economy|News

Fed's road to rate cuts clears as inflation eases

Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at

Fed's road to rate cuts clears as inflation eases
Business|Economy

Fed seen waiting to cut rates as job growth picks up

A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the

Fed seen waiting to cut rates as job growth picks up
Economy

Fed to cut US rates 'at some point, but no hurry, Mester says

Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs,

Fed to cut US rates 'at some point, but no hurry, Mester says
Economy

Fed policymakers stick to three-rate-cut view in '24, but barely

U.S. central bankers still anticipate cutting interest rates three times this year, according to the median of new economic projections published on Wednesday, but

Fed policymakers stick to three-rate-cut view in '24, but barely
Economy

Inflation frustration may prompt Fed to dial back rate-cut outlook

U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer interest rate cuts

Inflation frustration may prompt Fed to dial back rate-cut outlook
Economy

Fed's Logan: risks more balanced, no urgency on rate cuts

Dallas Federal Reserve Bank President Lorie Logan on Friday said she is in no rush to cut interest rates, and while there has been "tremendous progress" on

Fed's Logan: risks more balanced, no urgency on rate cuts

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