Fed Minutes Show Caution Over Inflation Even
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Key economic data have gone dark during the shutdown, just as the Federal Reserve prepares for its next rate decision. Could it change what happens next?
Later this week, we’ll learn more about how the Fed decided to cut interest rates by a quarter of a percentage point. On Wednesday, we’ll get the minutes for last month’s meeting of the Federal Open Market Committee.
The Fed is likely to issue a 25-basis-point rate cut this week. Options are pricing in a nearly 1% move in the S&P 500 on the day of the decision.
In recent weeks, President Donald Trump has moved to fire one member of the Fed's board of governors and secure Senate confirmation for another. The race to reshape the Fed comes after Trump railed for months against the central bank and its Chair Jerome Powell for declining to heed his call for lower interest rates.
The Fed’s coming announcement will almost certainly lower rates. Discover what’s expected for the rest of 2025—and how to keep your savings earning a top return.
Federal Reserve officials were divided on whether to support the first interest rate cut of this year during their September meeting.
Polymarket traders have bet more than $188 million on the Fed's rate cut decision today. On Sep. 17, the Federal Reserve announced its much-awaited decision on interest rates. As expected, the central bank has decided to cut rates by 25 basis points.
Gold prices rose to a one-week high on Wednesday, building on the previous session's rally on growing prospects of further U.S. stimulus, while investors awaited the Federal Reserve's policy decision.