The journey toward the Fed's 2% inflation goal has "kind of fallen apart as we approach the end of the year." And that, he said, underlies a more cautious approach to rate cuts next year.

It’s not clear why investors are so confident that the Fed’s job is nearly done, with the unemployment rate back near its highest level of the year and the outlook for residential construction ...

The Federal Open Market Committee (FOMC) is due to convene on Tuesday for its last monetary policy meeting of 2024, which is expected to conclude with a 25 basis point cut in the key Fed funds ...

Economists who think the Fed will cut said the move fulfills the quick initial reduction in rates signaled in September with cuts at three straight meetings. The move would leave the Fed’s ...

A breakthrough in antenna technology that could revolutionize the future of wireless communications, particularly for the upcoming 6th generation (6G) networks, has been announced by a research team ...

This decision was accompanied by Federal Open Market Committee member forecasts, which reflected expectations of fewer and slower additional Fed interest rate cuts through the end of 2025 ...

Powell, speaking at a news conference after the Fed reduced interest rates by a quarter point, said the central bank was now much closer to the "neutral rate" where inflation is adequately ...

The best indoor TV antennas let you receive free over-the-air broadcast TV channels without having to install a large outdoor antenna on the roof of your home. You’ll find that the main ...

On September 18, the dot plot of median FOMC member forecasts conveyed that Fed members expected the federal funds rate to be at 3.4% at the end of 2025 and 2.9% at the end of 2026. The FOMC dot ...

The Federal Reserve is set to cut its benchmark interest rate by a quarter-percentage point this week, staying on the path it has laid out to slowly bring rates down even as the economic landscape ...