Federal Reserve

Federal Reserve News

Explained: Negative interest rates and how they work

A negative interest means the instead of the bank paying you money to keep in the savings account, you pay the bank to do so. It also means that anyone can borrow money from the bank and pay back less than what they borrowed.

Raghuram Rajan: Global economy in better place after Federal Reserve cuts, trade progress

Raghuram Rajan said there’s some progress on the US-China trade deal, but it will not be a permanent solution and won’t be something that many people want to see.


Federal Reserve cuts interest rates for third time but signals it will pause its rate reductions

The Fed's move reduces the short-term rate it controls which influences many consumer and business loan rates to a range between 1.5% and 1.75%. 

Federal Reserve prepares to pause after third rate cut

Federal Reserve chairman Jerome Powell will likely use his press conference to communicate that message of a pause while emphasizing flexibility if the economic outlook shifts significantly.

Trump's tweets threaten Fed's independence, push rate expectations lower: study

The researchers wrote that "even if President Trump does not directly influence Fed decisions, his political pressure can still affect policy indirectly by changing market expectations regarding the Fed."

Federal Reserve cuts interest rates by another quarter point

Federal Reserve Chair Jerome H Powell said the US economy remains strong and unemployment is low, but that “there are risks to this positive outlook.” If the economy weakens, a “more extensive” series of rate cuts would be appropriate, he said.


Explained: Divided Federal Reserve set to cut rates this week, but then what?

An oil price spike after attacks on Saudi Arabian oil facilities over the weekend added to the list of risks facing an economy already slowed by ongoing trade tensions and global weakness.

Oil drops as US Federal Reserve signals rate cuts may be limited

The Federal Reserve cut interest rates on Wednesday, but against expectations the head of the US central bank said the move might not be the start of a lengthy series of cuts to shore up the economy against risks including global economic weakness.

Federal Reserve cuts key rate for first time in more than a decade

The Dow Jones Industrial Average tumbled to finish down 333 points, or 1.2%. The yield on the 10-year Treasury note fell to 2.01% from 2.06% late Tuesday, a sharp drop. 

Federal Reserve officials press case for cutting rates aggressively

Markets reacted swiftly to remarks by two of the most senior Fed officials next to Chairman Jerome Powell. They are among the 10 people who will vote on rates at the Fed's next policy meeting on July 30-31.