The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
"As the President said on Sunday, and I'm in complete agreement with him, that Jay Powell will serve out his term," Bessent ...
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even ...
The Financial Express1h
US Fed’s rate cut cycle faces test as November CPI data releases today
If there is a significant increase in November US inflation data, FOMC may have to decide to pause cutting rates. The US Fed ...
Trump's Fed Appointments Could Shift Monetary Policy—But Maybe Not Right Away
Key Takeaways President-elect Donald Trump has said he wants more influence over Federal Reserve policy but indicated this ...
Fed seen poised to cut rates this month, debate 2025 pause
Federal Reserve officials appear more likely to cut rates this month after data showed the U.S. labor market remained strong ...
The Fed's 'final 5-pound' issue with inflation points to gradual rate cuts: Morning Brief
Getting inflation down to 2% remains the Fed's key objective. But it also seems to be anticipating possible ways the cure ...
Trump Just Said He Won't Replace Fed Chair Powell. What's Next?
President-elect Donald Trump said he won't replace Fed Chair Jerome Powell, but that may not keep them off the collision ...
Powell says Fed can afford to be a little more cautious
U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in ...
Trump Says He Does Not Have Plans to Replace Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s ...
Why you should open a long-term CD before the December Fed meeting
The final Federal Reserve meeting of 2024 is set for 17. Here's why you should open a long-term CD before then.
US consumers expect higher inflation and better economy, New York Fed says
U.S. consumers were bracing last month for higher levels of inflation in coming years even as they marked up expectations ...