Fed cuts interest rates for 3rd time this year

Inflation has picked up in recent months alongside a hiring slowdown.

Fed Officials Break Silence; Still Divided About Future Of Interest Rates

Three members of the Federal Reserve's policy committee discussed interest rates on Friday, and fittingly, given the divisions on the committee, had three different views on where it should go.

Fed’s Hammack Says She Prefers Slightly More Restrictive Rates

Federal Reserve Bank of Cleveland President Beth Hammack said she would prefer interest rates to be slightly more restrictive to keep putting pressure on inflation, which is still running too high.

Two Fed dissenters cite inflation risk in votes against rate cut

By Howard Schneider and Michael S. Derby WASHINGTON, Dec 12 (Reuters) - Federal Reserve officials who voted against the U.S. central bank's interest rate cut this week said on Friday they are worried that inflation remains too high to warrant lower borrowing costs,

A divided Fed cuts interest rates again, as concerns about the job market outweigh fears of tariff-fueled inflation

The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars.

Fed's 'Hawkish' Rate Cut Raises New Questions For Policy Outlook

The Federal Reserve cut interest rates by a ¼-point yesterday, as expected. The stock market rallied and Treasury yields fell. Read more here.
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