Minneapolis Fed’s Neel Kashkari cools on third rate cut this year

Leaders of the Federal Reserve Bank have split opinions on whether to hold interest rates steady or make another dent.

Fed Chair Powell’s Allies Provide Opening for December Rate Cut

Allies of Federal Reserve Chair Jerome Powell have laid the groundwork for him to push a rate cut through a divided committee ...

Fed official suggests not to give up on December rate cut

The dynamic has put the Fed in a particularly tight spot in 2025. After cutting rates by 1% at the end of 2024, Fed chairman ...

Fed's Waller: December cut appropriate, but January action more uncertain

The job market is weak enough to warrant another quarter-point rate cut in December, though action beyond that depends on an upcoming flood of data delayed by the government shutdown, Fed Governor ...