interest rates

Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because…

Biden claims he’s ‘never once spoken’ to Powell as president, but they met in Oval Office in 2022

President Joe Biden on Thursday said he had “never once spoken” to Federal Reserve Chair Jerome Powell while he was…

Watch: Biden delivers remarks at the Economic Club of Washington, D.C.

[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a…

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

LONDON — The Bank of England on Thursday said it would hold interest rates steady following its initial cut in…

Powell downplays impact of rate cut on Trump-Harris presidential race

Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have a limited effect on the presidential…

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…

The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect

For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…

Former Dallas Fed President Kaplan advocates for a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…