After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at roughly 83%, according to CME Group 's FedWatch tool calculations on Aug. 18. One month earlier, roughly 59% of traders betting on changes in the federal funds rate thought an interest rate cut would occur in September.

Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a meeting summary.

Use BBC.com or the new BBC App to listen to BBC podcasts, Radio 4 and the World Service outside the UK. We use cookies to give you the best online experience. Strictly necessary cookies are on by default. Additional cookies are off by default.

Strategists questioned the Treasury Secretary's recent comments asserting that Federal Reserve policy overshoots models by more than a percentage point.

In late July, Federal Reserve Chair Jerome Powell kept the central bank's options wide open for its next meeting, and said the Fed would "watch and learn" about th

Federal Reserve Chair Jerome Powell will speak Friday during an annual economic policy gathering to give his outlook on the economy. It’s a time of high uncertainty with inflation still

NEW YORK (Reuters) -As U.S. debt swells and the White House leans on the Federal Reserve to cut interest rates, investors are weighing the risk of "fiscal dominance," a scenario where keeping government financing cheap eclipses the fight against inflation.

One of the biggest factors influencing current CD rates is the federal-funds rate. As the Federal Reserve began cutting its benchmark rate toward the end of 2024, CD rates fell in response. However, the July 2025 decision to once again keep the Fed rate steady is likely to result in relatively stable CD interest rates for now.