The report comes two days after the Federal Reserve moved up its 2025 inflation projection and moved down its 2025 rate cut forecast, concerning Wall Street.

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report from the Commerce Department showed that prices rose just 0.

The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting.

With the federal funds rate finishing 2024 at a 4.25%-4.50% target range, the updated SEP shows two 25-basis-point rate cuts in 2025,according to the median projection, compared with the previous estimate of 100 bps of easing.

Last week, the Federal Reserve reduced interest rates by 0.25 percentage points, marking the third consecutive rate cut. The move was largely expected, but what I find interesting are the

The Federal Reserve lowered interest rates once again ... The Fed originally went on an interest rate rising spree in an effort to curb inflation, which peaked at 9.1 percent in 2022.

NEW YORK — The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and ...

US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September.

Bond traders have rarely suffered so much from a Federal Reserve easing cycle. Now they fear 2025 threatens more of the same.

Inflation concerns are rising and investors are looking to protect their portfolios. These ETFs may do the trick.