Trump Demands Fed Rate Cuts. Stock Markets Must Separate Reality From His Rhetoric and 5 Other Things to Know Today.
Banks have reported slower loan growth amid strong earnings, Tesla to raise Canadian car prices, and more news to start your day.
Trump vs Fed: How the US central bank plans to navigate rate cuts and inflation
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and
Why mortgage rates are still high despite the Fed rate cuts
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields. For example, when the 10-year treasury rate goes up, mortgage rates tend to follow, and vice-versa.
Dow Jones Plummets 1100 Points After Fed Suggests Fewer Rate Cuts In 2025
The Dow Jones dropped 1,123 points (or 2.6 percent) by the close of the market Wednesday after the Fed's 19 policymakers projected that the central bank will cut interest rates by a quarter-point just twice next year, meaning rates will only be sliced by a half a percentage point in total throughout next year.
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Fed Official Says Further Rate Cuts Can Wait
St. Louis Fed President Alberto Musalem suggests greater caution is warranted on reducing interest rates.
Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continues to be favorable.
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
Trump’s demands on lower interest rates face a skeptical Fed, strong economy
President Donald Trump’s demands of lower interest rates are running into a Federal Reserve that has already dialed back its expectations about cutting rates and an economy that has
US Fed to cut interest rates again? Donald Trump seeks lower rates by raising energy production; Here's what experts say
US President Donald Trump said Thursday he would seek to bring interest rates lower by unleashing energy production, and would speak to the Federal Reserve if needed. "I'll demand that interest rates drop immediately,
US equity fund outflows ease on renewed hopes for Fed rate cuts
Outflows from U.S. equity funds cooled to the lowest in three weeks in the week to Jan. 22, buoyed by shifting expectations ...
Fed rate cuts prompt rethink: Where should you park your savings in 2025? | Dollars & Sense
A financial expert suggests reconsidering savings strategies in 2025 as high-yield savings account rates decrease.
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How Fed rate cuts affect your finances: 5 key impacts on your savings, loans and investments
The Fed wrapped up 2024 with three rate cuts in total. The central bank started with a bigger half-point cut in September, then made smaller quarter-point cuts in both November and December.
Former Kansas City Fed President: Haven't seen movement in inflation that warrants more rate cuts
Former Kansas City Fed President Esther George joins 'Squawk Box' to discuss President Trump's comments on the Fed, impact on ...
What To Expect From The Federal Reserve's Interest Rate Decision Next Week
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.