The Federal Reserve has gone 'all in' on a hawkish outlook for next year, says BofA strategist Ralph Macchio and Jackie Chan bring their 'Karate Kid' universes together in this sequel, set for theaters on May 30.

Analysis of the Federal Reserve's recent rate cuts and cautious approach towards future economic policies in response to President-elect Trump's impact.

Here’s how the Fed’s latest move will impact your borrowing costs

The Federal Reserve's policy committee kicked off its two-day meeting Tuesday amid expectations the central bank will cut interest rates for the third straight time. Here's what you need to know.

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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 projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and rate cuts. Economists expect that the average prediction will be three rate cuts in 2025, fewer than were expected when they last published their expectations in September.

The December 2024 economic projections from the central bank show significant changes from the September figures. They indicate rising inflation and potential impact.

The Fed cited indicators of an expanding economy and an easing labor market after its other rate cuts. This is the third time rates have been cut this year, but economists don’t expect as many cuts in 2025.

This matters beyond the US as its exceptional economy is the only current meaningful locomotive of global growth. In turn, that heightens the risk from global and domestic political forces currently rippling around the world, as well as aggravating the domestic challenges faced by countries ranging from Brazil to Japan.