Fed, interest rates

Fed policymakers steer clear of December rate-cut guidance
U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks.
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 fixed income markets.
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
Fed policymakers signal open mind on rate cut this month
Two Federal Reserve policymakers on Tuesday said they believe inflation is heading down to the U.S. central bank's 2% target and the job market is "solid," even as neither gave any clear steer on whether they'll support another interest rate cut later this month.
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.
Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.
'Pent-Up': Mortgage Demand Jumps 52% Year-Over-Year Amid Fed Rate Cuts
Homebuyers are storming back into the market, driving purchase mortgage applications up 52% from last year as interest rates ebb following Federal Reserve cuts.According to new data from the Mortgage Bankers Association,
New York Fed’s Williams Says Rate-Cut Timing Will Depend on Data
Federal Reserve Bank of New York President John Williams said Monday more interest-rate cuts will be needed, but that the right timing would depend on upcoming data.
Fed's Williams eyes further cuts as price pressures cool further
Federal Reserve Bank of New York President John Williams said on Monday the U.S. central bank is likely to lower its interest rate target further over time as inflation pressures continue to cool. “Monetary policy remains in restrictive territory to support the sustainable return of inflation to our 2 percent goal,
Wall Street sees 'slower' pace of Fed rate cuts in 2025
When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in 2025, with the rate of unemployment ending the year at 3.9% (down from 4.1% currently) and the Fed's preferred inflation gauge, "core" Personal Consumption Expenditures (PCE), ending 2025 at 2.6%.
Fed’s Williams Expects Gradual Decline in Inflation, Interest Rates
Federal Reserve Bank of New York President John Williams expects inflation to continue to decline to a 2% annual pace, but not in a linear fashion.
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Fed's Kugler: immigration, productivity behind strong economy
Fed Governor Adriana Kugler credited immigration and rising productivity for the U.S. economy's resilience, while emphasizing ...
What's the mortgage interest rate forecast for December 2024?
"I expect mortgage rates to stay around 6.875% to 7.125% in December," says Aaron Gordon, a branch manager and senior ...
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Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy ...
Gold dips on firm dollar, inflation data sparks caution on Fed rate cuts
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...