Fed to cut interest rates by quarter-point
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What will save you real money is to stop waiting on the Fed to lower rates. If you can’t clear your balance with one or two payments, see if you qualify for a zero-rate balance transfer card, which will buy you up to 24 months to pay off your remaining balance interest free.
Wall Street breathed a sigh of relief this week after the Federal Reserve decided to cut interest rates for the first time in 2025 — with markets flipping the switch back to risk-on, and cheering as if the rally will never end. But history suggests a hangover could arrive in the back half of this month.
Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower interest rates this week and penciled in two additional cuts this year.
Due to increased risk to the labor market, Minneapolis Fed President Neel Kashkari penciled in more rate cuts for this year, to three from two. However, he also "nudged up" his long-run federal funds rate outlook by 25 basis points to 3.
Federal Reserve Bank of Minneapolis President Neel Kashkari on Friday said job market risks warranted this week's rate cut and likely reductions at the central bank's next two meetings, and downplayed
Federal Reserve’s liquidity boost drives renewed risk appetite, positioning FEDMINING cloud platform as a preferred choice for crypto investors.
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central
Oil prices were little changed on Friday after settling lower in the previous session, the day after the U.S. Federal Reserve cut interest rates for the first time this year, due to worries about fuel demand in the United States.