Federal Reserve Bank of Minneapolis President Kneel Kashkari sees room for two interest-rate cuts this year, while warning the central bank should not lock into a monetary easing path as tariff ...

Kashari said he has left his rate projections for 2025 unchanged since December. At that point, Fed policymakers had ...

A version of this article appears in print on Jan. 29, 2025, Section B, Page 1 of the New York edition with the headline: Fed Pledges To Hit Pause On Rate Cuts.

Yet the Fed has struggled with the last leg of its inflation battle in pushing the CPI to a 2% annual rate, and December's reading could convince the central bank to hold off on another rate cut ...

The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 and 18, reducing the bank's key lending rate to between 4.25 and 4.50 ...

The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September. The central bank’s latest move leaves its ...

It's a rate reduction — but it's a modest one The December rate cut — though a positive step — is still relatively small, especially when compared to September's more substantial 50 basis ...

What the Fed could do is enact the December cut, skip January, as traders are anticipating, and maybe cut once more in early 2025 before taking a break, said Tom Porcelli, chief U.S. economist at ...

What the Fed could do is enact the December cut, skip January, as traders are anticipating, and maybe cut once more in early 2025 before taking a break, said Tom Porcelli, chief U.S. economist at ...