DOJ’s Powell Probe Has People Asking One Big Question: What Happens to Interest Rates?

A DOJ probe involving Fed Chair Jerome Powell has sparked fresh questions about the Fed’s next move. Here’s what it could—or couldn’t—mean for interest rates.
Seeking Alpha

Chart Of The Day: Just How Much Could The Fed Cut Now?

I'm sure you’ve heard a million “hot takes” about last week’s dismal jobs data. So, it’s time to focus on the next logical question: Just how much could the Federal Reserve cut interest rates now? My ...

What Is a Good Interest Rate on a Savings Account?

After a couple of years of spiking interest rates in the wake of the pandemic, yields on savings accounts have been falling since late 2024, when the Federal Reserve began trimming its benchmark rate.
The New York Times

Fed Cuts Rates Again, Is Divided Over Future Moves

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...
Hosted on MSN

Gold Futures Rise as Fed Chair Opens Pathway to Interest Rate Cuts

1537 GMT – Gold futures rise as Federal Reserve Chair Jerome Powell effectively opens the door to a September interest rate cut. Futures are up 1.2% at $3,421.40 a troy ounce, and are now on track to ...
Reuters

Divided Fed lowers rates, signals pause and one cut next year as growth rebounds

WASHINGTON, Dec 10 (Reuters) - A sharply divided Federal Reserve cut interest rates on Wednesday but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the ...