Fed Rate Cut in Dec. Possible
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What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.
WASHINGTON, Nov 20 (Reuters) - The Trump administration's mammoth fiscal legislation will boost economic growth next year, but the impact will be partially undercut by Federal Reserve interest rates kept higher than they would be otherwise, a former top Fed researcher concluded in a new analysis.
The following information was released by the Federal Reserve Bank of Dallas:. Dallas Fed President Lorie Logan delivered these remarks at "The SNB and its Watchers 2025" Conference at the Karl Brunner Institute.
Many of the labor market's persistent problems, such as a shrinking workforce and the rise of AI, cannot be solved by rate cuts.
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'The economy's breaking': Economists say Fed cut interest rate to manage 'risk' of Trump
After the Federal Reserve announced a slight reduction in the interest rate, several prominent economists observed that the nation's central bank was making noticeable moves in direct response to President Donald Trump's management of the economy.
The Central Bank of Egypt kept its overnight interest rates on hold on Thursday, saying it hoped to contain an acceleration in inflation as the economy heated up towards full capacity.