Federal Reserve officials saw need for ‘careful approach’ to future rate cuts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Federal Reserve officials indicated that the US central bank will have to take a “careful approach” in cutting interest rates…
Dow Jones Jumps Ahead of Federal Reserve Meeting Minutes Release
The Dow Jones Industrial Average (DJIA) is volatile Wednesday as the stock market prepares for the Federal Reserve to release the minutes of its December meeting. That meeting resulted in a 25 basis point cut for interest rates but came…
Market Braces For Higher Interest Rates As Fed Minutes Loom
Topline Investors have rapidly adjusted their expectations for interest rates in 2025, fearing higher rates for longer—with more details expected Wednesday from the Federal Reserve’s most recent meeting, which accelerated concerns about monetary and fiscal policy ahead of President-elect Donald…
Fed’s Waller still sees rate cuts in 2025 despite Trump tariff talk
Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this year, believing inflation will continue to drift lower despite promises of sweeping tariffs from the new Trump administration. “I believe that inflation will continue to…
Federal Reserve meeting minutes may begin to show the hurdle to further rate cuts
Open this photo in gallery: The U.S. Federal Reserve building, in Washington, on Jan. 26, 2022.Joshua Roberts/Reuters Federal Reserve officials have been signalling that further interest rate cuts are on hold for now given slowed progress on inflation and a…
Top Fed official backs new rate cuts even if Trump tariffs materialize
WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration. Christopher Waller, an influential…
Top Fed official backs new rate cuts even if Trump tariffs materialize
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails A top policymaker at the…
Michael Barr Hands the Fed’s Financial Regulation Powers to Trump
One big problem with American government is that, partly because it is nearly impossible to pass normal legislation anymore, the federal agency structure is never rationalized or streamlined. New agencies are just piled up over time in an endlessly growing…
The Federal Reserve May Do the Unthinkable, and It Could Drag the Stock Market Down in 2025
The S&P 500 (^GSPC -1.11%) has advanced 27% in the past year. Those stock market gains were driven in part by expectations that the Federal Reserve will keep cutting interest rates. Lower rates boost the economy by encouraging spending, and…
Wall Street notches another win as Fed’s Barr clears the way for gentler banking regulator – NBC New York
Federal Reserve Vice Chair for Supervision Michael Barr said he plans to step down from his role by next month to avoid a protracted legal battle with the Trump administration. The announcement, a reversal from Barr’s previous comments on the…