Nov 18 Trump summons Powell to discuss interest rates By Christopher Rugaber, Associated Press Monday’s meeting could fuel concerns that the White House is intensifying public pressure on Jerome Powell -- who was President Donald Trump’s own choice to lead the Fed -- to cut rates more aggressively. Continue reading
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 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 04 Incoming European Central Bank head defends low interest rates By David McHugh, Associated Press During hearings in the European parliament Wednesday, Lagarde said the job requires both a commitment to the basic mandate to keep prices stable and the "agility" to come up with new ways to meet unforeseen trouble. Continue reading
Aug 23 Fed Chair Powell gives no clear hint on interest rates By Martin Crutsinger, Associated Press Speaking to a gathering of central bankers in Jackson Hole, Wyoming, Powell reiterated that the Fed "will act as appropriate" to sustain the expansion. Continue reading