Four Fed Policymakers Back Further Rate Cuts

Veteran trader has sharp words for Fed on interest rate cuts
Bengali noted that as the data and seasonality ensued, the bond markets moved accordingly, and the Fed — being data dependent — "seems to be on the back foot each time, chasin
How to rethink cash as the Fed cuts interest rates, according to top financial advisors
The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.
Fed policymakers call for 'gradual' rate cuts
A trio of Federal Reserve policymakers on Monday expressed support for gradual U.S. interest-rate cuts, citing the strength of the economy and an uncertain outlook. The remarks -- from Kansas City Fed President Jeffrey Schmid,
Why Some Fed Officials are Warning That Coming Rate Cuts May Be ‘Modest’
Key Takeaways While the Federal Reserve has projected more interest rate cuts this year, some officials are cautious as more economic data comes in.Investors are pricing in rate cuts at each of the next two Fed meetings,
Four Fed Policymakers Back Further Rate Cuts But Differ In Pacing
Four Federal Reserve policymakers expressed support for further cutting of interest rates. However, they differ on how fast such rate cuts should be made. Reuters reported that three of the policymakers wanted to take it slow,
Fed's Schmid wants cautious, gradual, deliberate rate cuts
Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is heading back to the Fed's 2% target and the labor market is normalizing.
Four Fed policymakers favor more rate cuts, but differ on pace
(Reuters) -Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go. Three of them, citing the strength of the economy and an uncertain outlook,
Kansas City Fed's Schmid says he opposes aggressive rate cuts
Federal Reserve Bank of Kansas City President Jeffrey Schmid expressed caution Monday against implementing outsized interest-rate cuts like the 50-basis-point reduction last month, "especially given uncertainty over the eventual destination of policy and my desire to avoid contributing to financial market volatility.
Major asset manager makes bold interest rate prediction for 2025
While short-term interest rates have dropped this year as the Federal Reserve has begun cutting interest rates, long-term ...
Mortgage Rates Today, Oct. 23: Median Rate Rises to 6.88%
As of Oct. 23, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
What causes home equity loan interest rates to drop? And will they keep falling?
Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.
BUZZ Investing: Fed's 50 Bps Rate Cut Market Rally
Fed's 50 bps interest rate cut, its first since March 2022, spurred positive market reactions, pushing indices to new highs ...
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given ...
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Live updates: Bank of Canada expected to deliver oversized interest rate cut today
The Bank of Canada’s rate announcement is at 9:45 am ET. The central bank is widely expected to cut its benchmark ...
Interest rate drops to 3.75% as Bank of Canada makes another cut
The Bank of Canada made a sizable cut to its key lending rate Wednesday from 4.25 per cent to 3.75 per cent as the global ...
ECB Lagarde Says Pace of Interest-Rate Decline to Be Determined
Top officials at the European Central Bank said they may accelerate the pace of rate cuts in coming meetings as the outlook ...
TSX futures slip ahead of BoC rate decision
Futures tied to Canada's main stock index fell on Wednesday, hurt by crude prices, ahead of the Bank of Canada's monetary ...
Americans are quitting their jobs at the lowest rate in years. It's making it harder to get raises and promotions.
A hiring slowdown is preventing workers from quitting their jobs for raises and promotions.