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4 Fed policymakers favor more rate cuts
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,
5 weeks after the Fed cut rates, banks still want your cash — and they're paying to get more of it
The Fed cut rates five weeks ago, but banks are still paying high interest rates on high-yield savings accounts and combo checking/savings offers.
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 a full percentage point—the second rate cut in two weeks and the largest in Fed history.
Fed's Schmid wants cautious, gradual, deliberate rate cuts
Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is heading back to the Fed's 2% target and the labor market is normalizing.
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.
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
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.
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.
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,
13m
Why Are Long-Term Bond Yields Rising Despite Rate Cuts?
First, rising rates on the long end of the curve could indicate investors are worried about higher price inflation in the ...
USA Today
5h
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 ...
19h
Fed's Logan eyes more gradual rate cuts amid more balance sheet cuts
Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the central bank and ...
20h
Traders See Quarter-Point Fed Cut as Virtual Lock for November
Market pricing for the next Federal Reserve move on interest rates has changed dramatically over the past month. Just a few ...
16h
Apollo’s Slok Sees Rising Chance Fed Will Hold Rates in November
The chances that Federal Reserve officials will leave interest rates unchanged in November are mounting as the US economy ...
USA Today
12d
Dallas Federal Reserve Bank President Logan calls for 'gradual' rate cuts, says 'should not rush'
Oct 9 (Reuters) - Dallas
Federal Reserve
Bank President Lorie Logan on Wednesday said she supported last month's outsized ...
13h
on MSN
Why home equity borrowers shouldn't wait for the November rate cut
With the first interest rate cut in more than four years issued in September and others likely for when the Fed meets again ...
12h
Here’s why the Fed’s 0.5% rate cut won’t fix America’s housing problem — and why reality may be about to kick in for first-time buyers
The good news is that the Federal Reserve recently cut rates by 0.5% in its September meeting, and more cuts are expected ...
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