Fed's Waller on interest rate cut

Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut

Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.

Reuters on MSN · 14h

Fed on track for gradual rate cuts ahead, officials signal

By Ann Saphir and Michael S. Derby (Reuters) -Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give a green light for more interest-rate cuts in coming months,

Forbes on MSN · 1d

Fed Officials Were Divided Over Size Of Last Month’s Jumbo Interest Rate Cut, Minutes Show

This is what Fed officials discussed behind closed doors last month before agreeing on a big interest rate cut.

The Financial Times · 1d

Fed’s September minutes confirm gradual path for rate cuts

More dissent against the jumbo rate cut than the voting record showed suggests US central bank will be more cautious in future

Reuters on MSN · 16h

Fed's Goolsbee sees gradual policy rate cuts over next 12-18 months

Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation is now near the Fed's 2% goal and the economy is about at full employment,

Inc · 1d

Fed Minutes Could Offer a Peek at Rate Cut Debate

Insight into the central bank's decision to cut the prime interest rate may signal its plans for future reductions.

The Financial Times · 1d

Federal Reserve officials saw future rate cuts reverting to slower pace

Federal Reserve officials signalled support for a gradual pace of interest rate reductions after September’s larger-than-usual half-point reduction, a record of the meeting showed. Minutes from the September meeting underscored that US central bankers were inclined to lower interest rates to a “neutral” setting that no longer crimps growth “over time”,

The Wall Street Journal on MSN · 1d

Fed Minutes Reveal Divide Over Size of September Rate Cut

While a ‘substantial majority’ favored the larger half-point reduction, some officials thought a smaller quarter-point cut was warranted.

Barron's29d

Fed’s Waller: ‘The Time Has Come’ to Cut Interest Rates

It’s time to lower interest rates ... for the federal funds rate at our upcoming meeting,” Waller said, according to his prepared remarks. He has served on the Fed’s board of governors ...

Hosted on MSN20d

Fed’s Waller Sees More Rate Cuts, Inflation Below 2%, and a Strong Economy Ahead

Waller has served on the Fed’s board of governors since ... day policy meeting on Sept. 17-18. Interest-rate futures pricing narrowly favored a jumbo cut heading into the decision.

Lifehacker22d

What the Fed’s Latest Interest Rate Cut Means for You

It's important to note that while the Fed's rate cut provides a general direction for interest rates, individual lenders ultimately determine their own rates based on various factors, ...

USA Today23d

Fed goes with half-point interest rate cut. What that means.

The stock market offered mixed signals as trading opened Wednesday, with stocks already buoyed on hopes the Fed would deliver its first interest rate cut in four years. U.S. stocks ticked up ...

Los Angeles Times21d

Fed Interest Rate Cuts: What It Means For Credit Cards in 2024

If your credit card interest rate before the Fed cut was 20.76%, you should see it drop to roughly 20.26%. Let’s say you have an $8,000 credit card debt you’re working on paying off.

Forbes22d

The Fed Just Cut Interest Rates, And More Rate Cuts Are Coming

The Federal Reserve announced a policy decision to cut interest ... of more interest rate cuts than previously published. As always, this isn’t the end of the Fed’s story today.

ABC News21d

What does the Fed interest rate cut mean for mortgages and homebuyers?

What does the Fed’s rate cut mean for mortgage rates? The interest rate cut likely will not have a significant impact on mortgage rates over the short term, experts said. That’s because ...

MSNBC23d

The Fed’s interest rate cut reflects an increasingly troubled economy

On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point. The action will take the rate to between 4.75% and 5% immediately. The Fed also announced more ...

The Motley Fool23d

Surprise! The Fed Cut Interest Rates by Half a Point -- Here's What It Means for Your Money

Just like savings accounts, the best CD rates for newly opened CDs are also likely to go down by 50 basis points because of the Fed's rate cut -- meaning $5 less interest income for every ...

20h

Soft U.S. Headline CPI Is Unlikely To Be Sufficient To Reanimate Expectations Of Another Large Fed Cut

The US dollar is mostly softer ahead of the September CPI. The euro and Canadian dollar have recorded new lows for the move.

AgWeb22d

What Impact Will the Fed’s Rate Cut Have on Ag Markets?

The Federal Reserve cut interest rates by 50 basis points on Wednesday ... because the change in monetary policy will weaken the U.S. dollar index. That makes the United States more competitive ...

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