Minneapolis Fed President forecasts more modest cuts over the next several quarters, he said on Monday at the Chippewa Falls Area Chamber of Commerce. Recall that the Federal Open Market Committee ...

Minneapolis Fed president Neel Kashkari said Monday that ... the argument by hawks on the Fed’s interest rate-setting committee that any future cuts should be gradual. The economy added 254,000 ...

(Reuters) -Wall Street's S&P 500 neared a record high on Tuesday as President Donald Trump announced an Israel-Iran ceasefire ...

Fed governor Adriana Kugler also said Monday that she is now more worried about inflation than the employment side of the central bank’s dual mandate, pointing to how outside economists have ...

U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the central bank as the 2% inflation target looms into sight. "As of right now ...

Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said on Monday that the monetary policy is still in a restrictive stance, adding further "modest" rate cuts could be appropriate ...

The January pause marks an end, at least temporarily, to the Fed's flurry of rate cuts that started in September 2024 which have pushed down the federal funds rate by one percentage point.

The remarks provide a small taste of what's expected to be a broad but closed-door debate of the appropriate path for policy at the Fed's upcoming policy meeting, on Nov. 6-7.

After three successive interest rate cuts, ... By most accounts, the Fed’s key interest rate, now at a range of 4.25% to 4.5%, is somewhat restrictive in terms of the effect on the economy.

A version of this article appears in print on , Section B, Page 1 of the New York edition with the headline: Fed Pledges To Hit Pause On Rate Cuts. Order Reprints | Today’s Paper | Subscribe.

From March 2022 to July 2023, the Fed hiked its key interest rate from near zero to a range of 5.25% to 5% – a 23-year high – in an effort to tame a pandemic-induced inflation spike.

Mr. Powell on Wednesday was clear that the current backdrop was not one in which the Fed could be pre-emptive with interest rate cuts — unlike during Mr. Trump’s first-term trade war when ...