Jobs report will test Fed interest rate cut plans
The job market likely remained firm in December, according to Wall Street forecasts and recent data heading into the employment report due Friday adds headwinds for more Federal Reserve interest-rate cuts in 2025.
Fed's Harker still expects rate cuts but sees considerable uncertainty
Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates but added that the policy path is clouded by considerable economic uncertainty.
Fed’s Collins Says Uncertainties Point to Slower Cuts in 2025
Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as officials confront “considerable uncertainty” over the US economic outlook.
Why Financial Markets Are Losing Hope for a 2025 Fed Rate Cut
The economy has been running hotter than expected lately, raising the possibility that the Federal Reserve will hold interest rates higher for longer, and may not even cut interest rates in 2025 as policymakers had predicted.
Fed's Collins says now is time for patient, gradual approach to rate cuts
Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for the central bank moving forward cautiously with future rate cuts.
If the Fed pauses rate cuts in January, it might be because of Trump, Fed minutes show
Federal Reserve officials in December signaled concerns over president-elect Donald Trump’s policies potentially stoking inflation, contributing to a more-cautious approach to interest-rate cuts this year and even a pause this month.
Rate-Cut Decision Was Narrow, Fed Minutes Show
But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central bank’s Dec.
Fed's Harker still expects rate cuts but says imminent move not needed
By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that any sort of imminent move down isn't needed amid considerable uncertainty over the economic outlook.
Fed’s Harker Says More Rate Cuts Are Coming But Timing Uncertain
Federal Reserve Bank of Philadelphia President Patrick Harker said officials are on track to lower interest rates this year, but the exact timing will depend on what happens with the economy.
Fed’s Harker Sees Solid Economy Today, Little Certainty Tomorrow
Federal Reserve Bank of Philadelphia President Patrick Harker remains confident in inflation’s meandering path toward a 2% annual rate—the Fed’s target—with the help of appropriate monetary policy. That means a patient approach to interest-rate cuts in 2025.
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, ...
Fed's Christopher Waller Supports Rate Cuts Despite Trump Tariff Concerns
Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns ...
Fed Officials Express Concern About Inflation and Uncertainty Over Trump’s Economic Policies
Minutes of the central bank’s December meeting show heightened concern over uncertainty around the effects of President-elect ...
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December ...
U.S. households are piling on record credit card debt, says Fed report
But Americans' kitchen table finances are also in a precarious place, with credit card balances reaching a new high. The news ...
Fed minutes show Wall Street pushed back expected end of balance sheet drawdown
Banks told the Fed ahead of the December policy meeting that they saw this process ending in June of this year.