4 Fed policymakers favor more rate cuts
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately cut rates.
Four Fed policymakers favor more rate cuts, but differ on pace
By Ann Saphir (Reuters) -Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go. Three of them,
Fed's Kashkari sees modest cuts ahead, but says change in labor market holds sway
Minneapolis Fed President Neel Kashkari said Monday he expects modest rate cuts over the next few quarters, though added that evidence of a quicker slowdown in the labor market could lead to faster rate cuts.
Fed’s Kashkari Sees Slower Pace of Cuts Over Coming Quarters
Federal Reserve Bank of Minneapolis President Neel Kashkari repeated that he favors reducing interest rates at a slower pace in the coming quarters.
Fed's Kashkari: Job market weakness could mean faster rate-cut pace
(Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari on Monday again said he expects "modest" interest rate cuts over the next several quarters, though a sharp deterioration of labor markets could move him to advocate for faster cuts.
Minneapolis Fed's Kashkari sees 'modest' rate cuts for next several quarters
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 initiated its easing cycle in September,
USA Today2h
Federal Reserve President Jeffrey Schmid wants cautious, gradual, deliberate rate cuts
Oct 21 (Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and ...
Interest Rate Uncertainty Is At a Financial-Crisis Era High. Here’s How We Know.
The Kansas City Fed’s measure of policy rate uncertainty is as high today as it was during the global financial crisis.
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the ...
The Federal Reserve’s effect on mortgage rates: What to know
While the Fed doesn’t regulate your mortgage rate, the central bank sets the funds rate to impact the economy. This action ...
Glynn’s Take: Reserve Bank of Australia Reticent to Join Global Rate-Cut Party
The Reserve Bank of Australia isn’t keen on joining the rush to cut interest rates just yet, amid concerns that the ...
Pensions&Investments16h
Interest rates are falling. Managers employ varied strategies to reinforce fixed-income’s role in target-date funds.
With the Federal Reserve having cut interest rates once, and more cuts possible in the near future, managers of target-date ...
Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by ...
The Fed And Federal Budget Extravagance: Interest Rate Cuts At Risk
Contingency planning for possibility of rising inflation and interest rates will help businesses respond to changes fast and ...
Here's how interest rates impact gold prices
Ongoing conflicts around the world are significantly impacting gold's value, sometimes overshadowing the effect of interest ...
Eau Claire Leader-Telegram6h
Federal Reserve bank president speaks on interest rates, state of the economy
The U.S. economy is strong and surprisingly resilient, says Neel Kashkari, president and CEO of the Federal Reserve Bank in ...
What level of impact do interest rate cuts have on mortgage rates?
After waiting years for interest rate cuts from the Federal Reserve, home buyers are now facing even higher mortgage rates.
Is a fixed-rate HELOC worth it now? Here's what some experts think.
Fixed-rate HELOCs are a good option for many homeowners — but consider the current rate environment beforehand.