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Fed Announces 0.25% Rate Cut

Fed cuts interest rates a second time but economists say 2025 outlook uncertain

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

SFGate · 1d

The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising

Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.

The New York Times · 4d

Fed Cuts Rates Again

The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and Donald Trump’s return to the White House muddles the outlook on what comes next.

Fed Official Sees Big Disruptions to Some Industries

Hosted on MSN · 6h

Fed's Kashkari warns mass deportations could disrupt labor at some businesses

Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Trump's planned mass deportations of illegal immigrants could disrupt labor at some businesses.

Inc · 8h

Fed Official Sees Big Disruptions to Some Industries With Mass Deportations

Minneapolis Federal Reserve President Neel Kashkari adds his voice to the chorus of economic experts on the potential effects of Trump's central campaign theme.

Reuters on MSN · 1d

Fed's Kashkari says broad-based deportations could disrupt labor for some businesses

Widespread deportation of foreign-born workers would probably cause some disruption to businesses but the impact on inflation and the broad economy would depend on the details, Minneapolis Federal Reserve President Neel Kashkari said on Sunday.

Dollar braces for US inflation data and several Fed speakers

Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...

16h

'Blinders on' but be prepared: In 2016, Fed took note of Trump's plans

Within weeks of Donald Trump's 2016 election, U.S. Federal Reserve policymakers began mulling the impact of expected tax cuts and tariffs on the economy, penciling in rough estimates of what was to ...

2hon MSN

Resident fed up after 5 crashes in 1 day on Clough Pike in front of her home

The five crashes on Sunday all happened on Clough Pike, between Berkshire Lane and Five Mile Road, resident Sarah McRae says.

USA TODAY on MSN3d

Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

2don MSN

Hasidic wife fed up with waiting years for religious divorce takes quest for freedom to the skies: ‘Ready to go nuclear’

The 26-year-old mother of one has been trying for seven years to split from her husband, who refuses to grant her a religious ...

2don MSN

Fed rate cuts aren't stopping high-yield checking account from offering rates as high as 8% APY — for now

The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...

5hon MSN

The S&P 500 breaks 6,000 and the Dow tops 44,000. Here’s why stocks could keep climbing.

The S&P 500 on Monday ended above 6,000 and the Dow Jones Industrial Average crossed 44,000, with both indexes picking up ...

Dow Jones Industrial Average notches record high close

The S&P 500 financial index rallied, with banks helping lift the Dow to its highest ever. Read more at straitstimes.com.

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