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Fed, Neel Kashkari
Fed’s Kashkari Says Economy Strong, But Inflation Not Vanquished
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central bank progressed in beating back inflation, but the Fed was still “not all the way home.
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.
Fed's Kashkari says deportations could disrupt labor for business
"If you just assume people are working - either working in farms or working in factories - and those businesses now lose employees, that would probably cause some disruption," Kashkari said. "The implications are not entirely clear to me,
17h
on MSN
Fed up with the economy, Americans turn to Trump, giving him election sweep of swing states
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
4h
on MSN
Everyday Economics: Don’t blame the Fed! New government has the power to make, break economy
The Federal Reserve lowered its target for the Fed funds rate by another 25 basis points last week. But why should you care?
7h
'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 ...
USA TODAY on MSN
3d
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 ...
3d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
3d
on MSN
Trump is poised to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
3d
on MSN
Trump Enters Just as the Fed Is Shifting Its Focus
After a single-minded focus on bringing inflation down, the central bank has pivoted toward achieving a soft landing.
1d
on MSN
Dear Mr. President-Elect: Here’s How to Keep the Economy Strong
Much has changed in the economy since you left office in 2021. You’re inheriting an amazing recovery. But that can change ...
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