Oct 30 WATCH: Federal Reserve cuts benchmark interest rate By Christopher Rugaber, Associated Press The Fed's move reduces the short-term rate it controls — which influences many consumer and business loan rates — to a range between 1.5% and 1.75%. Continue reading
Oct 29 Here’s the single phrase to watch for from the Fed this week By Christopher Rugaber, Associated Press Dropping this phrase from the Federal Reserve's meeting language would be seen as a hint that the rate cut the Fed is set to announce this week will be the last one it expects to make for 2019. Continue reading
Oct 10 Federal Reserve approves rules to loosen bank restrictions By Martin Crutsinger, Associated Press The package of rules will ease restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump, a vocal critic of the more stringent rules. Continue reading
Oct 04 WATCH: Powell says Fed’s goal is to keep economy in ‘good place’ In his brief remarks, Jerome Powell gave no hint on whether the Fed will cut interest rates for a third time this year when it meets later this month. Watch a Federal Reserve panel discussion live in our player. Continue reading
Sep 19 Why the Fed might not have many tools to fight the next recession By Michael W. Klein If a recession hits, the Fed might need to lower rates below zero, which could cause other problems in the financial system. Continue reading
Sep 18 Watch 7:31 What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on… Continue watching
Sep 18 How the Federal Reserve rate cut could affect your finances By Gretchen Frazee The Fed’s reduction of the federal funds rate is only one of many factors that affect the U.S. economy, but it can still trigger shifts that trickle down into Americans’ finances. Continue reading
Sep 18 WATCH: Federal Reserve cuts key interest rate again The Fed's move will reduce its benchmark rate by an additional quarter-point to a range of 1.75% to 2%. Continue reading
Sep 17 How low can we go? The prospects for negative interest rates By Kenneth Kuttner, Econofact There is increasing speculation regarding whether the Federal Reserve might set a negative target for the federal funds rate should the economy enter a recession. Continue reading
Sep 06 Why the Federal Reserve must remain above political influence By Michael W. Klein President Donald Trump on Friday again encouraged the Federal Reserve to cut interest rates. Continue reading