With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
The Federal Reserve is expected to keep its key interest rate unchanged this week, despite Donald Trump's calls for cuts.
U.S. Federal Reserve Governor Christopher Waller says multiple rate cuts are possible in the first half of the year.
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and dovish comments by Federal Reserve governor Christopher Waller have given investors reason to feel a bit more cheerful this week.
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the three-meeting rate cut streak that began in September 2024. Read more here
Bond market and fiscal challenges: Long-term interest rates, Malanga argues, hinge less on monetary policy and more on expectations of unchecked deficits and debt. He suggests that fiscal reforms, like controlling government spending, are critical to stabilizing the bond market.
Federal Reserve Governor Christopher Waller said on Thursday in comments that pushed against recent market moves that anticipate a shallower Fed rate path. Fed may cut rates sooner and faster than ...
Trump's remarks come five days before the Fed's first policy meeting to be held during his administration - on Jan. 28 and 29 - with very broad expectations officials will leave rates unchanged.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.”
The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, March 18, and Wednesday, March 19, 2025. At the end of its Federal Open Market Committee session on ...