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.
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,
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.
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.
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%.
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%.
‘Rates Will Be a Lot Lower’ in 12-18 Months, Fed’s Goolsbee Says
Federal Reserve Bank of Chicago Austan Goolsbee said as long as inflation continues down toward the central bank’s 2% goal, interest rates will be “a lot” lower over the next 12-18 months.
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 Goolsbee Sees Rates Coming Down Along Lines of Dot Plot
Federal Reserve Bank of Chicago President Austan Goolsbee says the Fed may slow the pace of rate cuts as it nears neutral during an interview with Mike McKee on Bloomberg Television.
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.
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More rate cuts could be coming soon
Power said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in ...
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 ...
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation ...
Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in ...