Fed's Goolsbee says pace of rate cuts may need to slow
Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more slowly, remarks that underscore the U.S. central bank's debate that it's not about whether,
Fed’s Bowman Urges Cautious Approach to Further Rate Cuts
Federal Reserve Governor Michelle Bowman said she wants to move cautiously on further interest-rate cuts because progress in reducing inflation has slowed.
Fed's Collins Sees More Rate Cuts Ahead for US Central Bank
FILE PHOTO: Federal Reserve Bank of Boston President Susan Collins stands behind the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, in Wyoming, U.S., August 24, 2023. REUTERS/Ann Saphir/File Photo
Fed's Goolsbee Expects Rates to Drop 'Fair Bit Lower,' Cautions on Slowing Cuts
Chicago Fed President Austan Goolsbee said Thursday he anticipates interest rates will end up considerably lower within the next year. He cautioned that the Federal Reserve may need to decelerate rate cuts
Fed’s Goolsbee Sees Rates a ‘Fair Bit Lower’ Over Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees interest rates moving “a fair bit lower,” while expressing confidence inflation is easing toward the central bank’s objective alongside a solid labor market.
The Fed's rate cuts will spark a $2 trillion exodus from money-market funds, Apollo chief economist says
Money-market funds have attracted record inflows since 2022. That money is set to flow back to the market as rates come down ...
Federal Reserve’s likely slowdown in rate cuts could disappoint borrowers
WASHINGTON (AP) — Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling ...
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Fed's Bowman says rate cuts are concerning
Flexibility is a frequent theme in Bowman's public remarks, and Wednesday was no different, as she emphasized the importance ...
Fed’s recent rate cuts could improve borrowing options for state and local government projects
The Federal Reserve’s second consecutive key rate cut could mean more than just lower borrowing costs for the average ...
Euro Falls to Lowest Since 2022 as Bets on ECB Rate Cuts Surge
The euro fell to the lowest level in two years as traders bet the European Central Bank will have to cut interest rates ...
Bank of Mexico flags more rate cuts due to progress on lowering inflation
The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing ...
Japanese Stocks Close Lower Amid Concern Over U.S. Rate Cuts
Japanese stocks ended lower as uncertainty grows over the pace of U.S. monetary policy easing. Pharmaceutical and defense ...
What's behind Michigan's rising jobless rate: Job cuts at big companies, slowing growth
Michigan's jobless rate rose for seven consecutive months, increasing to 4.7% in October, state data shows, up from 4.2% the ...
Mexico's cooling inflation and economy growth drive expectations of further rate cuts
Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth ...
Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it
Louisiana's GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide ...