Fed's Goolsbee sees another 125 bps of rate cuts

How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Fed's Goolsbee sees another 125 bps of rate cuts by end-2025
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter of a percentage point this year and a full percentage point further next year,
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
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.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Bitcoin slips as Fed signals rate cuts unlikely in December
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously reduced rates by 50 and 25 basis points in September and November, but market odds of a December cut have now dropped to 59%.
Fed's Goolsbee says the big picture is that rates are moving lower
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress toward the 2% inflation goal over the next 12 to 18 months,
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
Strong US data continues reshaping Fed views of pace, extent of rate cuts
Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...
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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 ...
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
Also impacting rate-cut expectations is a streak of encouraging economic data. New figures on Friday showed US retail sales ...
October retail sales add further complexity to Fed rate cut bets
U.S. retail sales rose firmly again last month, Commerce Department data indicated Friday, suggesting consumer spending and ...
Stock Market Today: Dow futures point to second day of losses after Powell remarks
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...