The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve has signaled that the rate cuts will slow down as business leaders say inflation is not coming down enough.

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

Federal Reserve Vice Chair for Supervision Michael Barr seeks legal counsel to potentially challenge any removal attempts by President-elect Donald Trump. Barr, appointed by President Biden, may face conflict with the new administration as Trump has shown interest in increasing influence over the Fed.

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.

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.

In support of its goals, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4-1/4 to 4-1/2 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds ...

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.

Part of the sell-off was catalyzed by Wednesday’s news that the Federal Reserve would not hold bitcoin in its reserve, prompting the world’s largest cryptocurrency to dip by 7%. "We’re not allowed to own bitcoin,” Federal Reserve chair Jerome ...

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.

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.