News

Powell says Fed may need to cut rates, will proceed carefully
The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in the top Fed job by former President Joe Biden, has said he intends to continue leading the central bank until his term expires next May.
Fed’s Waller backs a series of interest-rate cuts over the next six months
Federal Reserve governor Christopher Waller on Thursday said he now supports a series of interest-rate cuts beginning in September, with the pace of subsequent moves driven by the incoming data.
Fed to avoid clear signal on rate-cut timing
Investors parsing Jerome Powell’s remarks Wednesday for any hint that the Federal Reserve is moving closer to an interest-rate cut might be left wanting. Policymakers are largely expected to hold interest rates steady for a fifth consecutive meeting at the conclusion of their July 29-30 gathering.
Trump says Fed rate cuts will make a solid US economy even better. Is he right?
While Trump wants rate cuts, he appears to disagree with the Fed on why the timing is right, said Paul Ashworth, chief North America economist for Capital Economics. Trump in August ordered the firing of the U.S. commissioner of Labor Statistics after the weak jobs report, accusing her without evidence of manipulating data.
Fed's Waller sees rate cuts over next 3-6 months, starting in September
Federal Reserve Governor Christopher Waller on Thursday said he wants to start cutting U.S. interest rates next month and "fully expects" more rates cuts to follow to bring the Fed's policy rate closer to a neutral setting,
Some Fed Officials Still On The Fence About September Rate Cut
Financial markets are pricing in a 100% chance the Federal Reserve is about to cut interest rates when its policy committee next meets in September, but in recent speeches, several policymakers didn't seem so sure.
Hopes Are High For An Interest Rate Cut Next Month—Here’s What To Know
There is heightened optimism the Federal Reserve will cut interest rates next month, with hopes boosted by a better-than-expected inflation report and Wall Street’s fear gauge falling to its lowest level this year, as the S&P 500 and Nasdaq jumped to new record highs Wednesday.
Exclusive: What the experts think about Powell’s new comments on Fed interest rate cuts
John Luke Tyner, head of fixed income at Aptus Capital Advisors, said Powell has accepted the market's argument that the labor market is weakening and that it is a larger threat to the economy than tariff-related inflation.
Fed’s Waller Sees Quarter-Point Cut Next Month, Followed by More
Federal Reserve Governor Christopher Waller again called for lower interest rates, saying he would support a quarter-percentage point reduction in September and anticipates additional cuts over the next three to six months.
Federal Reserve’s Christopher Waller says he could back jumbo rate cut if US economy weakens sharply
Federal Reserve governor Christopher Waller has said he could back a jumbo rate cut at the US central bank’s next policy vote should August jobs data signal a “substantial weakening” in the world’s largest economy.
Should the Federal Reserve cut rates next month?
Some experts, and other Federal Reserve officials, have cautioned against cutting rates because it could limit the Fed’s tools if a major economic downturn happens. Question: Should the Federal Reserve cut rates next month?
Money Morning16h

Fed Rate Cut Hopes Hang in Balance: PCE Inflation and NVDA’s Stumble in Focus

New Focus on Inflation: The major stock indices are easing back from the all-time highs hit yesterday as traders await the release of the Personal Consumption Expenditures (PCE) index at 8:30 a.m. ET ...

Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent.

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its ...

Fed’s Powell opens door to rate cut, citing job market risks

The Fed chair said the decision would be based on incoming economic data, signaling it was not a response to Trump’s calls ...
ZAWYA1d

Gold poised for monthly gain on soft dollar, US rate-cut hopes

Spot gold was little changed at $3,412.56 per ounce, as of 0223 GMT. Bullion has gained 3.9% so far this month and hit its ...