The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White ...
Here's a quick primer on interest rates and what you need to know before tomorrow's Fed decision. The Fed meets eight times a year to assess the economy's health and set monetary policy ...
Investors have once again been head-faked by the Fed. After seven false alarms where markets priced in a dovish pivot by policymakers, the Federal Reserve finally turned dovish in a big way—only ...
Recent developments have drawn ire from left and right: The Fed’s recent abrupt turn from declaring that jumbo rate cuts were off the table to surprising the market with a half-point cut in ...
Dan is a senior editor at Raw Story based in Colorado, producing and editing breaking political news. Dan previously worked as a news associate at The Associated Press in Philadelphia, and later ...
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 ...
That is barely above the Fed's 2% inflation target and in line with ... which helped the economy expand at a healthy clip in the July-September quarter. Incomes rose more slowly last month ...
Zack has a bachelor's from New York University, Tisch School of the Arts. Delmaine Donson / Getty Images While the Fed rate cuts don’t directly affect mortgage rates, changes to the federal ...
“The Fed often uses its rate policy to manage economic conditions, such as increasing rates to slow inflation and cutting rates to stimulate activity when recession is a risk.” When rates ...
Recent data suggest that the Federal Reserve should proceed at a more cautious pace after the central bank's half-point cut in September, Fed Governor Christopher Waller said Monday. But two ...
The Fed has two official goals ... and consumers are spending at a robust clip. Such resilience could call into question whether rates need to come down so much and so quickly.