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Some analysts wonder if lower rates will matter in an escalating trade war.
August 28 -
A former top Federal Reserve official suggested the central bank reject interest-rate cuts that would help Donald Trump’s 2020 reelection prospects, drawing swift criticism that such forbearance would jeopardize the independence of a Fed already under fierce attack from the president.
August 27 -
Despite trade issues, consumer confidence slipped only slightly in August, as “consumers have remained confident and willing to spend.”
August 27 -
While some Federal Reserve Bank presidents offered hawkish remarks at the Jackson Hole symposium, the markets still expect a 25 basis point cut, and analysts agree.
August 26 -
Federal Reserve Board Chairman Jerome Powell again pledged the central bank “will act as appropriate to sustain the expansion,” despite “no recent precedents to guide” policy decisions.
August 23 -
Two dissents on the vote to cut rates were the first of Chairman Jerome Powell's term.
August 22 -
“A couple” of Federal Open Market Committee members wanted a 50 basis point rate cut at its July 30-31 meeting, according to minutes released Wednesday, while “several” would have preferred no action.
August 21 -
The U.S. economy doesn’t appear to be headed toward a recession, Federal Reserve Bank of San Francisco President Mary Daly said.
August 21 -
Every coin has two sides and that is the case with a possible September rate cut.
August 20 -
Federal Reserve Bank of Boston President Eric Rosengren continued to push back against further interest-rate cuts by the central bank.
August 19