Stocks rose modestly after the Fed's statement, with the S&P 500 gaining 0.5% immediately after the release of the projections signaling the expected path for rates next year. Rate cuts by the Fed would reduce borrowing costs across the economy, providing relief to consumers who have been slamm...
Greenspan Defends Pace of Rate Cuts by the FedWASHINGTON -- Federal Reserve Chairman Alan Greenspan on Wednesday defended the central bank's...Cope, Debra
We still expect two rate cuts by year-end, starting in September. Diane Swonk, KPMG Chief Economist Bottom Line The Fed discussed a rate cut at this meeting, but the decision was punted to September. That is where we were prior to the meeting. The Fed needs further confirmation that the...
Given that the Fed chose to cut rates this week by more than consensus surveys had expected, and that its own revised rate projections also show more rate cuts in the pipeline than anticipated, investors may harbor some concerns that the Fed is getting ahead of itself, and that more aggressi...
Former President Donald Trump blames the Biden-Harris administration for sparking an inflationary surge. Vice President Kamala Harris, in turn, has charged that Trump’s promise to slap tariffs on all imports would raise prices for consumers even further. Rate cuts by the Fed should,...
“The gap between market expectations for rate cuts this year and Fed projections—a source of both equity and fixed-income market volatility—has finally started to narrow,” stated areportby Adam Turnquist, chief technical strategist for LPL Financial. ...
The Federal Reserve announced its rate decision at 2 p.m. EST on Jan. 29. It will be followed by a press conference with Fed Chair Jerome Powell at 2:30 p.m. EST. How will a pause on rate cuts impact my money? The Fed cut its benchmark rate three times last year, kicking off...
Fed Keeps Rates Steady, Still Sees 2 Rate Cuts in 2025 The Fed kept the federal funds rate unchanged at 4.25%-4.5% during its March 2025 meeting, extending the pause in its rate-cut cycle that began in January, and in line with expectations. Policymakers noted that uncertainty around the ...
An expected rate cut by the Federal Reserve in mid-September won’t change the price of eggs or businesses’ hiring plans overnight, but it will signal the start of the next phase of the monetary-policy cycle, with important consequences for the economy, financial markets, and consumers....
Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the current economic backdrop and the incoming data...