Fed's Harker still expects rate cuts but says imminent move not needed
By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that any sort of ...
Philadelphia Fed's Harker still sees rates on downward path
Philadelphia Fed Patrick Harker says he still sees the Federal Open Market Committee on a downward policy rate path. But the economy remains "in very unsettled times." There remain "numerous upside ...
The Fed Is Back in Wait-and-See Mode With Rate Cuts
Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren ...
Yahoo Finance17d
Fed’s Harker Says More Rate Cuts Are Coming But Timing Uncertain
Harker said it’s taking longer than expected to bring inflation to the Fed’s 2% target and that progress has been uneven. However, he said the economy overall is strong and the labor market ...
What To Expect in the Markets This Week
Investors are awaiting the release of the December jobs report and comments from Fed officials, as well as a highly anticipated presentation by Nvidia's CEO and earnings reports from Delta Air Lines ...
Will the Fed’s Rate Pause Boost Treasury Yields and Pressure Gold Markets?
Fed signals no imminent rate cuts, citing persistent inflation above 2%. Markets brace for steady rates, impacting gold, dollar, and Treasury yields.
US Fed officials signal interest rates likely on hold for a while
The Fed’s favoured inflation gauge rose 2.4% in the year through November, above its 2% target. Read more at straitstimes.com.
Kansas City Fed’s Schmid Sees No Rush for More Cuts
Kansas City Fed President Jeff Schmid indicated on Thursday that he’s comfortable with pausing additional interest rate cuts until there’s a substantial change in economic conditions. “With inflation ...
Federal Reserve Bank of Boston President Susan Collins says uncertainties point to slower cuts in 2025
Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress on cooling inflation will likely be slower this year than previously ...
Yahoo Finance17d
Fed commentary, Delta earnings, jobs report: What to Watch
Market Domination Overtime anchors Julie Hyman and Josh Lipton highlight key events for the remainder of the week. Stock market trading (^DJI, ^IXIC, ^GSPC) will be closed Thursday for the ...
Seeking Alpha17d
Philadelphia Fed's Harker still sees rates on downward path
Philadelphia Fed Patrick Harker says he still sees the Federal Open Market Committee on a downward policy rate path. But the economy remains "in very unsettled times." There remain "numerous ...