Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are ...
Federal Reserve Bank of Chicago President Austan Goolsbee said he foresees the central bank continuing to lower rates toward ...
Money-market funds have attracted record inflows since 2022. That money is set to flow back to the market as rates come down ...
The Russell 2000 index tracking small cap companies in the U.S. hit a record high on Monday, boosted by expectations of tax ...
The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot ...
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