USA TODAY on MSN1d
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
The Fed Needs to Learn From Its Inflation Mistakes. The Biggest Lesson.
The Fed should target nominal gross domestic product, Patrick Horan and David Beckworth write in a guest commentary.
Total PCE Inflation Gets Closer To The Fed’s 2% Target
U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...
The Fed Thinks Inflation Is Vanquished
Jerome Powell gambles he won’t have to raise rates in Trump’s term.
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
The Associated Press on MSN9d
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...
Hosted on MSN1d
Fed Announces 0.25% Rate Cut As Inflation Eases To 2% Target
The Federal Reserve announced a 25 basis point cut on Thursday, following a half-point cut in September. This move comes just ...
CNN on MSN9d
Trump’s former pick to join the Federal Reserve has proposed a radical solution to solve inflation
Currently, the Fed targets a stable inflation rate, where prices rise at a slow-but-steady pace of just 2%. It’s supposed to ...
The Associated Press on MSN2d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to the steady decline in the once-high inflation ...
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
CBS News on MSN9d
PCE index, the Fed's preferred inflation measure, drops to 2.1%. Here's what it means for interest rates.
Given the surge in post-pandemic inflation, the fact that headline inflation now sits just a tenth of a percentage point away ...