Four Fed Policymakers Back Further Rate Cuts

Why Some Fed Officials are Warning That Coming Rate Cuts May Be ‘Modest’
Key Takeaways While the Federal Reserve has projected more interest rate cuts this year, some officials are cautious as more economic data comes in.Investors are pricing in rate cuts at each of the next two Fed meetings,
Four Fed policymakers favor more rate cuts, but differ on pace
Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.
Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately cut rates.
Fed's Logan eyes more gradual rate cuts amid more balance sheet cuts
Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the central bank and suggested she sees no reasons why the Fed can’t also press forward with shrinking its balance sheet.
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
What The Fed’s Rate Cut Means For Your Money
Looking ahead, the Fed expects to make further rate cuts— possibly another 0.50% in 2024 and 1.0% more in 2025. Additionally, the Federal Reserve now expects the unemployment rate to rise to 4.4% in 2024, and inflation to come down to 2.3%.
Fed decision to go big on rate cut was not a slam dunk
The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve board meeting.
Fed policymakers call for 'gradual' rate cuts
A trio of Federal Reserve policymakers on Monday expressed support for gradual U.S. interest-rate cuts, citing the strength of the economy and an uncertain outlook. The remarks -- from Kansas City Fed President Jeffrey Schmid,
Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Bonds Slump Globally as Traders Rethink Fed’s Rate Cut Path
Bonds extended losses as investors mulled the prospect of slower US interest-rate cuts, a trend that risks upending debt ...
The bond market is selling off after traders got their Fed forecasts wrong
"We could easily get a scenario where the Fed will basically have to reverse course and begin to stay on hold," Apollo's ...
Stock market today: Dow, S&P 500 poised for more losses as Fed rate-cut doubts build
Dow Jones Industrial Average futures ( YM=F) fell roughly 0.4%, coming off a hefty closing loss. S&P 500 futures ( ES=F) also ...
September job gains could stall Fed rate cuts, reshape election
The October jobs report will be released on Nov. 1, just days ahead of the presidential election and the next Fed meeting. It ...
Fed's Kashkari: any surprise job market weakness could trigger rethink of rate-cut pace
Minneapolis Federal Reserve Bank President Neel Kashkari on Monday repeated he expects "modest" interest-rate cuts over the ...
Was the Fed's rate cut 'a mistake'? Fmr. CEA chair weighs in.
Earlier this month, former US Treasury Secretary Larry Summers called the Federal Reserve's 50-basis-point cut to interest ...
Bank of America CEO Urges Fed to Not Go Too Hard on Rate Cuts
Bank of America Corp. Chief Executive Officer Brian Moynihan has urged Federal Reserve policymakers to be measured in the ...
Interest Rate Uncertainty Is At a Financial-Crisis Era High. Here’s How We Know.
The Kansas City Fed’s measure of policy rate uncertainty is as high today as it was during the global financial crisis.