Powell: Fed's independence from politics is vital to its interest rate decisions
Chair Jerome Powell said Wednesday that the Federal Reserve's ability to set interest rates free of political interference is ...
Fed’s Daly Says No Sense of Urgency to Lower Interest Rates
Federal Reserve Bank of San Francisco President Mary Daly said there’s no sense of urgency to lower interest rates, ...
Why One Fed Official Thinks Interest Rates Are At 'Appropriate’ Levels
St. Louis Fed President Alberto Musalem said interest rates were at “appropriately restrictive” levels and urged a “patient” ...
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to ...
Fed's Musalem expects more rate cuts but says easing path is less clear
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to ...
Will fed's rate cuts signal lower car loan rates ahead?
With car prices and loan rates high, buyers hope federal interest rate cuts will lower car loan payments, easing financial ...
Fed’s Daly Says December Aside, Rates Should Continue Falling
Federal Reserve Bank of San Francisco President Mary Daly said an interest-rate cut this month isn’t certain but remains on ...
Fed's Waller Says He Is Inclined to Cut Rates in December
A further quarter-point cut in December has been expected, but recent inflation data raised concern that progress may have ...
Fed can afford to be cautious about moving rates lower: Powell
Federal Reserve Chair Jerome Powell elaborated on his thinking about the likely path of interest rates on Wednesday, saying that the U.S. is "not quite there on inflation'' yet. While officials are ...
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
The central bank’s target rates and its much-publicized recent rate cuts don’t directly set long-term mortgage and business ...
Powell Addresses Shadow Chair Proposal, Reiterates the Fed Isn’t in a Rush to Cut Rates
Speaking at a summit Wednesday afternoon, Powell also reiterated recent remarks that the Fed is in no rush to further lower ...