The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation. By ...
Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...
(Bloomberg) --Federal Reserve Bank of New York President John Williams said he sees room to lower interest rates again in the near term as the labor market softens, reviving investor expectations for ...
In major reversal, the odds of a December interest rate cut have risen to 79% from around 40% earlier this month. The jump in expectations came after New York Fed President John Williams said further ...
The Federal Reserve might not cut interest rates in December, defying the hopes of President Donald Trump and much of Wall Street, with many officials believing the central bank should keep borrowing ...
Half advice show. Half survival guide. Half absurdity-fest. (Wait, how does this work again? We're not numbers people.) Each episode, we answer all your burning questions, from how to survive a public ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Federal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens. In the text of a speech he ...
Asian stocks were down this morning and Europe was flat, but investors in U.S. equities were ignoring all that in renewed hopes that the U.S. Federal Reserve will cut interest rates in December, thus ...
Nov 26 (Reuters) - J.P. Morgan said on Wednesday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate cut in December, reversing its earlier call that policymakers would stay on ...
The minutes of the Federal Reserve's policy meeting last month show that the path for interest rate cuts in December and early next year is far from certain. Policymakers on the Federal Open Market ...
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near term.” By Colby Smith Colby Smith covers the Federal Reserve.