Fed cuts interest rates again
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Fed leadership changes and political shifts could impact interest rate cuts, inflation, and jobs through 2027. Click here to read what investors need to know.
The Federal Open Market Committee (FOMC) announced Wednesday that the Federal Reserve would lower its federal funds rate target—the interest rate that banks charge each other to borrow overnight—by 0.25 percentage points. The decision, which has been ...
WASHINGTON (AP) — One major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyoming next week and a crucial policy meeting in September: Which is a bigger problem for the economy ...
Now that the Federal Reserve has signaled lower interest rates are likely to come in the next month or so, attention will turn back to the underlying health of the economy. That will be clearer this week with an updated estimate of second-quarter gross ...
The Federal Reserve is set to make its next interest rate decision today, even as a near-total blackout of federal economic data continues amid the government shutdown. The Labor Department, however, on Friday released one key report ahead of its meeting ...
August CPI showed a 0.4% monthly rise, pushing year-over-year inflation to 2.9%, the highest in eight months. Food and durable goods inflation accelerated, while services and housing inflation remained elevated, signaling persistent price pressures across ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic currents would have on individuals' finances and the market.
Before getting voted back into the Oval Office for his second term, Trump promised to end inflation. His first 100 days in The White House were marked by a flurry of economic policies, such as increasing tariffs, deregulation, cutting government programs and reducing foreign aid.