October 29, 2025 3:01 PM

Uncertain Fed edges toward new rate cut

The Federal Reserve is expected to cut interest rates by a quarter of a percentage point on Wednesday as policymakers steer the U.S. economy based on limited data that has nevertheless kept concerns about the strength of the job market top of mind. Economists polled by Reuters nearly unanimous in expecting the U.S. central bank to reduce its benchmark policy rate to the 3.75%-4.00% range when its latest two-day meeting concludes. But it’s a decision at least partly based on inertia, not...

September 18, 2025 8:52 AM

US Federal Reserve lowers interest rates, signals more cuts ahead

The Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first time since December and indicated more cuts would follow to halt any slide in a labor market already experiencing higher joblessness among Blacks, a declining workweek, and other signs of weakness. The decision moves in a direction called for by President Donald Trump, but falls far short of the steep cuts in borrowing costs that he has demanded - and which were apparently penciled ...

July 30, 2025 3:54 PM

Global stocks mixed as investors brace for Fed meeting, tariff deadline

Global stocks struggled for clear direction on Wednesday ahead of the Federal Reserve's policy announcement later in the day, with investors cautious after two days of trade talks between the U.S. and China concluded without any major breakthroughs. Treasury yields and the dollar were also little changed as the market anticipated the Fed will keep rates on hold despite pressure from the White House to lower borrowing costs. Europe's STOXX 600 was flat, with blue-chip indexes in Frankfurt, Pari...

June 19, 2025 10:16 AM

Fed keeps key rates steady; cites ‘meaningful’ inflation, cautious path ahead

The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned against putting too much weight on that view, and said he expects "meaningful" inflation ahead as consumers pay more for goods due to the Trump administration's planned import tariffs. "No one holds these ... rate paths with a great deal of conviction, and everyone would agree that they're all going to be data...

January 30, 2025 11:15 AM

US Fed leaves rates unchanged, sees no hurry to cut again

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate. The decision and Powell's comments put Fed policy in a holding pattern at a time when the U.S. economic landscape seems both stable and wildly uncertain - with a healthy set of macroeconomic fundamentals that have changed little in recent months, but coming decisions from the Trump administratio...