News

Fed's Powell explains how central bank moderate rates mandate works

By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress ...

Senate Banking Chairman says 50 basis point rate cut is a possibility, backs Trump’s new Fed Governor

Senator Tim Scott, chairman of the powerful Senate Banking Committee, said a half point rate cut is possible today.
LBM Journal

Fed announces cuts, projects more easing to come

NAHB is forecasting another 75 basis points of easing in the coming quarters, with 25 of that total coming before the end of ...

US rate futures lift chances of further easing in October after Fed cuts rates

Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, further raised the odds ...
MySuncoast.com

How the Federal Reserve impacts your wallet

Interest rates set by the federal reserve ripple through your mortgage, credit cards, and savings. Consumer Investigator ...

Federal Reserve expected to cut interest rates, but will it make a difference for the average American?

The Federal Reserve is meeting this week to discuss whether to lower the federal fund rate for the first time since December of 2024.

Fmr. Dallas Fed President Rob Kaplan calls for Fed caution on rate cuts, cites housing concerns

Goldman Sachs Vice Chairman Robert Kaplan believes the Federal Reserve should cut interest rates by 25 basis points but ...