U.S. central bankers who have supported two interest rate cuts this year signaled on Monday divergent views on the need for ...

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...

The U.S. Federal Reserve will again lower its key interest rate by 25 basis points next month to underpin a weakening labor market, according to 80% of economists polled by Reuters, up slightly from a ...

Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell’s comments, they ...

Mixed signals from Fed officials show deep divisions on another rate cut in December as inflation lingers and key data remains missing.

American consumers are waiting for the Federal Reserve to cut rates so they can buy or sell their homes, but Minneapolis Fed President Neel Kashkari said Tuesday that the long-awaited mortgage rate ...

The 25-bps Fed rate cut was passed by a vote of 10-2. Fed Governor Stephen Miran called for 50 bps rate cut, while Kansas ...

The Federal Reserve announced a 25-basis-point cut to the federal funds rate at the conclusion of its meeting on Wednesday, Oct. 29. The bankers had shifted into rate-cutting mode back in September ...

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...

Analysts expect the Fed to proceed with another quarter-point rate cut, viewing a cooling labor market as a larger concern than inflation.

NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he favors another interest rate cut at the U.S. central bank's policy meeting later this month because of worrisome ...

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the ...