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Fed Cuts Interest Rates Again—But Uncertainty Swirls
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
Fed
Chairman Jerome Powell, right, alongside President-elect Donald Trump in 2017. At the conclusion of the policy-setting Federal Open Market Committee’s two-day meeting, the central bank announced it cut the federal funds rate by 25 basis points to 4.5 ...
Another Fed rate cut is ahead, but so is ongoing uncertainty after the election
The Fed is expected to cut rates on Thursday and possibly again in December. What can savers and borrowers expect?
Fed Cuts Interest Rates Again, Powell Says He Won’t Resign if Trump Asks
“Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low,” the
Fed
said in a statement. “Inflation has made progress toward the Committee's 2% percent but remains somewhat ...
7m
What Today's Fed News Tells Us About 2025 Savings and CD Rates
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
1h
Fed's Powell says he will not quit even if asked by Trump
Federal Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump ...
Hosted on MSN
1h
Fed cuts interest rates again, but Trump's victory makes future path much murkier
But going forward
Fed
policymakers must contend with a big new unknown: a second Trump presidential term. The ...
2h
Fed Chair Says He Won’t Leave if Trump Asks
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
2h
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
3m
Inside the Republican victories in suburban New York: ‘fed up with one party Democratic rule’
New York Republicans explain that their significant successes in the state were spurred on by New Yorkers’ concerns over ...
6h
Fed meeting today: Interest-rate cuts slated as Powell wrestles with Trump's election win, inflation questions
"Concerns that higher tariffs will drive up inflation has prompted markets to price out some
Fed
rate cuts next year," said ...
Hosted on MSN
1h
Wall Street Has Best Fed Day of 2024 Across Assets: Market Wrap
“Powell would not tip his hand on whether the
Fed
would likely cut rates in December, which shouldn’t surprise investors.
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Donald Trump
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Inflation
United States presidential election
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