Fed, interest rates

Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but isn't ready to say what he thinks should happen at its policy meeting later this month.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to fixed income markets.
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Fed policymakers steer clear of December rate-cut guidance
U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks.
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
Fed Warns Rate Cuts Aren’t Guaranteed
At the Queens Chamber of Commerce, Williams explained that the Fed is reducing rates because “while growth in demand has been strong, growth in supply has been even stronger.” They have thought that by allowing more economic activity with lower rates, the overall economy could come back into balance.
Fed's Waller Says He Is Inclined to Cut Rates in December
A further quarter-point cut in December has been expected, but recent inflation data raised concern that progress may have stalled. One key measure, the personal consumption expenditures price index stripped of food and energy costs, has been mired in a range from 2.6% to 2.8% since May, well above the Fed's 2% target.
Fed's Waller leans toward December rate cut, sees more cuts over next year
Federal Reserve Governor Christopher Waller discusses economic outlook in speech at American Institute for Economic Research.
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are still high.
Fed policymakers signal open mind on rate cut this month
By Howard Schneider, Ann Saphir (Reuters) -Two Federal Reserve policymakers on Tuesday said they believe inflation is heading down to the U.S. central bank's 2% target and the job market is "solid," even as neither gave any clear steer on whether they'll support another interest rate cut later this month.
What's the mortgage interest rate forecast for December 2024?
"I expect mortgage rates to stay around 6.875% to 7.125% in December," says Aaron Gordon, a branch manager and senior ...
Jerome Powell Q&A: Markets await Fed chairman’s DealBook summit panel
Follow along with MarketWatch's live coverage of Fed Chairman Jerome Powell's discussion at the New York Times DealBook ...