US EditionFederal Reserve set to cut rate but may signal a pause to come
The Federal Reserve faces internal divisions with at least two dissenting votes expected as it weighs a 0.25% rate cut amid delayed labor data and persistent inflation above 2%.
- The Federal Reserve is expected to cut interest rates again this week, but may signal a pause in rate cuts after that.
- The Fed's rate-setting committee is divided, with some officials favoring holding rates steady and others wanting bigger cuts.
- President Trump has been critical of Fed Chair Jerome Powell, saying he would 'love to fire his ass' and calling him a 'clown'.
163 Articles
163 Articles
Federal Reserve obliges Trump, cuts interest rates for the third time this year
In a move championed by President Donald Trump, the Federal Reserve cut its key interest rate by 0.25% to a range of 3.5% to 3.75% on Wednesday, the third cut this year, lowering borrowing costs and giving some lift to a flagging job market.Only three members of the Federal Reserve Board of Governors voted against the cut: Stephen Miran, who wanted to lower the target range for the federal funds rate by 0.5%, and Austan Goolsbee and Jeffrey Schm…
US Federal Reserve cuts rates by 25 bps again, sets tone for 2026
The US Federal Reserve cut its benchmark rate by 25 basis points, a move anticipated amid cooling inflation and mixed economic data. This decision, influenced by government shutdown delays and political pressure, sets a precedent for global monetary policy, impacting India's financial markets and currency.
By Bryan Mena, CNN. The Federal Reserve (Fed) is set to cut borrowing costs again this Wednesday, despite deep divisions within the powerful US central bank's rate-setting committee. Wednesday's decision is likely to be the Fed's toughest since at least September 2024, when officials debated the size of that month's rate cut. Fed officials disagree on what to prioritize: full employment or price stability. Job growth this year has been unusually…
Takeaways: Powell says the Fed has delivered enough rate cuts for now
The Federal Reserve on Wednesday lowered interest rates again in a continued effort to keep the labor market intact, despite objections from several key Fed officials who believe the central bank should be prioritizing the higher cost of living instead.
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