Fed rate cut "not as dovish" as some analysts had predicted

The Federal Reserve’s interest rate cut last week was not as dovish as some market participants seem to have expected, according to analysts at Yardeni Research. But in a note to clients, the analysts said that "relatively muted" gains in stocks after the Fed’s decision was an indication that the...

Federal Reserve trims interest rates by 25 basis points

The United States (US) Federal Reserve (Fed) will announce monetary policy decisions and publish the revised Summary of Economic Projections (SEP), the so-called dot plot, following the September policy meeting on Wednesday. Market participants widely anticipate the US central bank to cut the...

Fed hawks and doves: what US central bankers are saying

The Federal Reserve is expected to deliver its first interest-rate cut this year at its September 16-17 meeting, as it moves to counter a cooling labor market even as inflation remains above target. The anticipated quarter-point reduction may not satisfy President Donald Trump, who wants a bigger...

Donald Trump asks higher court to wave off order allowing Cook to remain at Fed

United States (US) President Donald Trump and his administration have formally asked the federal appeals court to pause a federal order that would allow Lisa Cook to remain at her post at the Federal Reserve (Fed) pending an official probe into accusations of mortgage fraud. According to the...

Trump Says He’ll Fire Fed’s Cook If She Doesn’t Resign

President Donald Trump said he would fire Lisa Cook from the Federal Reserve’s Board of Governors if she does not resign her post over mortgage-fraud accusations from a top White House ally. “I’ll fire her if she doesn’t resign,” Trump told reporters on Friday.  The...

Powell Opens the Door… to a Rate Cut?

Fed Chairman Jerome Powell assessed that the US economy remains resilient: the job market is near its maximum, inflation has fallen well from its peak, but the balance of risks is shifting. In his speech on "Monetary Policy and the Fed's Framework Review" in Jackson Hole, he stated that current...

Trump signals tariff plans, Fed chair candidates, China deal progress

President Donald Trump announced Tuesday that Scott Bessent has declined consideration for Federal Reserve Chair while praising "both Kevins" - Kevin Warsh and Kevin Hassett - as "very good" candidates for the position. Speaking on CNBC, Trump reiterated his criticism that current Fed Chair...

The Fed Holds Interest Rates Unchanged

The United States (US) Central Bank, the Federal Reserve (Fed) kept its monetary policy unchanged on Wednesday (1/30) after previously cutting interest rates by 25 basis points (bps) to 4.25%-4.5% in December. This is in line with market players' expectations, which continue to focus on cuts this...

FOMC Preview: It’s the data, not the sentiment – ABN AMRO

Markets expect the Fed to keep rates on hold today. Recent data has surprised in a dovish direction, but projections and the dot plot will shift more hawkish. The ‘hard’ data from the projections likely gives a better signal of the Fed’s rate trajectory than the ‘soft’ data from Powell’s press...

Goolsbee sees Fed on track to lower rates

Austan Goolsbee, President of the Chicago Federal Reserve Bank, expressed his belief on Monday that the U.S. central bank will be able to reduce short-term borrowing costs once the uncertainty caused by tariff policies is resolved. During a webcast interview with the Quad Cities Regional Business...

Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth

Fed delivers third rate cut of the year, but signals fewer cuts ahead

The Federal Reserve cut interest rates by 25 basis points on Wednesday, but reined in the number of rate cuts ahead on concerns about sticker inflation amid a brighter economic outlook. The Federal Open Market Committee, the FOMC, cut its benchmark rate by 25 bps to a range of 4.25% to 4.5%. In...

The Fed announced another 25bps cut to the federal funds rate in

The Fed announced another 25bps cut to the federal funds rate in December 2024, marking the third consecutive reduction this year and bringing borrowing costs to the 4.25%-4.5% range, in line with expectations. The so-called dot plot suggested policymakers will probably would only lower twice more...

Fed’s Powell: The US Economy is in a Remarkably Good Shape

Chief Powell participates in a moderated discussion at the New York Times DealBook Summit, in New York. Key Takeaways Independence lets the Fed make decisions for all Americans, not any political party. There is broad support in both parties for an independent Fed; do not think there is risk of...

Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong

Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said...

Federal Reserve cuts interest rates by a quarter poin

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its...

The Fed Pangkas Suku Bunga 25 Bps

Federal reserve pada akhirnya memangkas suku bunga acuan mereka sebesar 25 bps setelah mereka menganggap bahwa inflasi telah mendingin dan telah mendekati ke target yang di harapkan sebesar 2%. Langkah pemangkasan juga dilakukan setelah The Fed melihat bahwa suku bunga yang tinggi dianggap telah...

Fed Cuts Rates by Half Point In Decisive Bid to Defend Economy

The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a policy shift aimed at bolstering the US labor market. Projections released following their two-day meeting showed a narrow majority, 10 of 19 officials, favored lowering rates...

Fed Minutes Show Several Saw Case for Cutting Rates in July

Several Federal Reserve officials acknowledged there was a plausible case for cutting interest rates at their July 30-31 meeting before the central bank’s policy committee voted unanimously to keep them steady. “Several observed that the recent progress on inflation and increases in the...

Powell Says Recent Data Raise Confidence Inflation on Path to 2%

Federal Reserve Chair Jerome Powell said second quarter economic data has provided policymakers greater confidence that inflation is heading down to the central bank’s 2% goal, possibly paving the way for near-term interest-rate cuts. Powell pointed to the three latest inflation...