Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than ...
The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing that inflation remains above the ...
On Dec. 18, the Federal Reserve made its third consecutive cut of 2024, reducing the federal funds rate by 0.25 percentage points. Yet the Fed also projected a slower pace of cuts in 2025 ...
The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September. The central bank’s latest move leaves its ...
The Federal Reserve's December rate cut will no doubt give borrowers a bit more breathing room in 2025, but the path to even lower rates could face a few roadblocks ahead in 2025. On Wednesday ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.