Fed's Musalem Expects More Rate Cuts

Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but isn't ready to say what he thinks should happen at its policy meeting later this month.
Fed's Musalem raises possibility of slowing or pausing rate cuts
The time "may be approaching" for the Federal Reserve to consider slowing the pace of interest rate cuts or pausing altogether to await further data, St. Louis Fed President Alberto Musalem said, on Wednesday.
Fed's Musalem Expects More Rate Cuts but Says Easing Path Is Less Clear
In his remarks, Musalem said monetary policy is "well positioned" to deal with the outlook and the current restrictive stance is appropriate given that core price pressures remain
Fed policymakers steer clear of December rate-cut guidance
U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks.
Fed’s Musalem Says Time May Be Near to Slow or Pause Rate Cuts
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be time for policymakers to slow the pace of interest-rate cuts amid higher than desired inflation and declining concerns over the labor market.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to ...
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Fed Warns Rate Cuts Aren’t Guaranteed
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Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
Fed's Waller Says He Is Inclined to Cut Rates in December
A further quarter-point cut in December has been expected, but recent inflation data raised concern that progress may have ...
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but ...
Fed's Waller leans toward December rate cut, sees more cuts over next year
Federal Reserve Governor Christopher Waller discusses economic outlook in speech at American Institute for Economic Research.
What's the mortgage interest rate forecast for December 2024?
"I expect mortgage rates to stay around 6.875% to 7.125% in December," says Aaron Gordon, a branch manager and senior ...
Interest Rate Debate Continues on December Cut
The minutes of the Fed's November meeting indicate the central bank's policymakers haven't decided on a rate cut next month.
Rate cut bets boost stocks as bitcoin stalks $100,000
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Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are ...
Will mortgage rates fall below 6% in 2025? Here’s what experts say.
Falling mortgage rates are expected to kickstart home-buying demand. But buyers will still have to contend with home prices ...