The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
The Fed's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive ...
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Federal Reserve Chair Jerome Powell is overseeing the beginning of the end of the sharpest U.S. central-bank tightening cycle since former Fed Chair Paul Volcker whipped inflation in the early ...
The CPI report notably flashed an unexpected rise of "core" month-over-month inflation, which experts attributed to service ...
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
While the Fed cuts rates, the BoE stays cautious, and the BoJ holds steady. Discover how each central bank is tackling ...
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...