FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...

post: GOOLSBEE: OVERALL TREND IS CLEARLY THAT INFLATION HAS COME DOWN A LOT post: GOOLSBEE: PROBABLY WILL BE MORE CLOSE FED MEETINGS post: GOOLSBEE: STILL GOT A LOT OF DATA COMING IN, TRYING TO FIGURE ...

Barkin did not comment on whether he was yet convinced that another rate increase would be needed when the Fed meets May 2-3, but said he would be “nimble” and open to options as the Fed works ...

In an interview last week, Richmond Fed president Thomas Barkin, who does have a vote this year and supported the half-point, said he was open to a smaller reduction as well and did not see much ...

But if the Fed veers from that steady pace, it likely would be to reduce rates less sharply to ensure inflation keeps falling, economists say. That may defy some forecasters’ view that the ...

“With inflation and unemployment being so close to normal levels, it’s okay to dial back the level of restraint, somewhat,” Barkin said, referring to cuts to the Fed’s key interest rate.

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will ...

At the end of its Federal Open Market Committee session on November 7, 2024, the Fed announced a cut to the federal funds target interest rate to a range of 4.50% to 4.75%. It marks the second ...

The FOMC, led by chair Jerome Powell, trimmed key interest rates by 25 basis points while seeking to achieve maximum ...

FED'S BARKIN: I SEE RISK THAT LOWER RATES COULD BOOST HOUSING DEMAND.

Minutes may reveal division among Fed policymakers over rate cut Investors expect further rate cuts in November and December Upcoming inflation data crucial for future rate cut decisions Oct 9 ...

(Reuters) - Minutes of the U.S. Federal Reserve's half-a-percentage-point rate cut last month, to be released on Wednesday, may provide a final word on just how divided policymakers were over a ...