Fed rate cuts may impact consumers
Market bets on deep Fed rate cuts are ‘crazy,’ says BlackRock’s Larry Fink
BlackRock Inc. CEO Larry Fink says rates traders are making “crazy” bets on deep Fed rate cuts despite signs of a strong economy.
Market Bets on Half-Point Fed Rate Cuts Recede
Investors have responded to Federal Reserve Chair Jerome Powell’s remarks yesterday that he’s in no rush to lower interest rates and quarter-point moves are preferred. Traders had built up hopes of more half-point reductions after a cut of that size was delivered in September.
How Fed rate cuts may impact consumers
The Federal Reserve cut its key lending rate by 0.5% on Sept. 18. While it remains to be seen how many more rate cuts will occur, the consensus appears to be additional quarter-point cuts by the end of the year. These cuts are more likely to affect prices on Wall Street than on Main Street.
The Fed Just Cut Interest Rates, And More Rate Cuts Are Coming
The Federal Reserve announced an interest rate policy decision to cut interest rates by 0.5% on September 18. This decision was accompanied by FOMC member forecasts.
Construction spending dipped in August ahead of Fed rate cut
Spending on construction projects fell 0.1% in August to $2.13 trillion, the Commerce Department reported Tuesday. Spending was down for the second month in a row.
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
By Howard Schneider NASHVILLE, Tennessee (Reuters) -Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not "in a hurry" after new data boosted confidence in ongoing economic growth and consumer spending.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can ...
Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have ...
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he ...
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will ...
When Could Fed Rate Cuts Move the Needle on Mortgages?
The Fed's recent rate cut is big news for the economy, but can it help you get a cheaper mortgage? Find out if now is a good ...
Fed Chair Powell Says Rate Cuts Aren't on 'Preset Course'
Federal Reserve Chair Jerome Powell said the central bank was focused on bringing rates down to a level that neither spurs ...
Powell indicates further, smaller rate cuts, insists the Fed is 'not on any preset course'
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be ...
Wall St to open subdued ahead of labor data; Powell signals modest rate cuts
Wall Street's main indexes were set for a flat to lower open on Tuesday ahead of the first of multiple job reports this week, ...