Fed Hawks Press Case for No Rate Cuts, This Week and in December

On Wednesday, after the Fed's policy-setting committee voted 10-2 to lower its benchmark interest rate to the 3.75%-4.00% ...

From fast food to beverage giants, brands see rising income inequality among customers

Consumer brands are adjusting to a two-tiered economy as the new normal. Yet there are signs that even high-income customers ...

Fed's Waller calls for December rate cut, as hawks press for policy pause

A clutch of Federal Reserve bank presidents on Friday aired their discomfort with the U.S. central bank's decision to cut ...

The Fed has spoken: What to do with your money now

This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every ...

Why is the Fed dialing back expectations for another rate cut in December?

After the Federal Reserve made its second consecutive quarter-point cut this past week, Chair Jerome Powell said “there were ...

Charting the Global Economy: Fed Reins in Rate-Cut Expectations

The European Central Bank kept borrowing costs unchanged for a third straight meeting, with inflation in check and the ...

Weekly Indicators: Rate Cut Aids Yield Curve, While Service Sector May Be Suffering

High frequency indicators point to a steady U.S. economy with strong consumer spending and stock market gains. Learn why ...

Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, a Top Official Warns

Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
Coingape

Waller Signals December Fed Rate Cut Despite Powell’s “No More Cuts” Stance

Fed Governor Christopher Waller calls for a December rate cut, clashing with Jerome Powell’s stance that the easing cycle may ...
AOL

The Fed raises alarm over 'deterioration' in the US housing market — here's what that means for hopeful buyers

Some or all links may be monetized. The U.S. housing market is in a slump, and the Federal Reserve has taken notice. Notes ...

Banks Borrow Record $50 Billion At Fed's New SRF Amid Hot Repo Rates, ON RRPs Spike To $52 Billion In Opposite Direction

With SOFR at 4.04% and IORB at 3.9% on October 30, the spread between them was 14 bps, which was slightly narrower than on October 28, when it reached 16 bps. Read more here.
The Manila Times on MSN

US Fed official backed rate pause because inflation 'too high'

A senior member of the US Federal Reserve (Fed) on Friday said he voted against cutting interest rates this week because inflation was “too high” for comfort.