The No. 2 official at the Federal Reserve said Thursday that he thinks the central bank can begin to cut interest rates in 2024 ... said Fed Vice Chair Philip Jefferson, in a speech to the ...

Jefferson added that he will be carefully assessing incoming economic figures, but did not say if he will be supporting cuts to interest rates later this year. His comments were similar to ...

Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

Traders in financial markets piled into bets that the Fed's policy-setting Federal Open Market Committee, fresh from last ...

On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.

FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...

Investors who've been happy to earn cash returns of 5%-plus with little risk now need a plan B after the Federal Reserve kicked off a rate ... and post-cut rallies in stocks, Philip Orlando ...

In other words, when Fed officials including governor Christopher Waller and Philip Jefferson ... had already essentially ruled out a March rate cut, shifting the focus to whether the first ...

Ann Saphir at Reuters reports Minneapolis Fed President Neel Kashkari on Monday appeared to endorse a go-slow approach to rate cuts ... Anthony Edwards and Justin Jefferson recreate the ESPN ...

The FOMC, led by chair Jerome Powell, trimmed key interest rates by 25 basis points while seeking to achieve maximum ...

An increase in US bond yields is leading global yields higher on expectations for a slower pace of Fed rate cuts. Also ... adjusted EPS estimate. Also, Philip Morris International is ...

Range-bound trading on light volume was the order of the day as market participants weighed the words of several Fed speakers and anxiously anticipated quarterly results from AI bellwether Nvidia ...