Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.

Donald Trump's economic plans face scrutiny as economists warn of potential inflation surge and budget deficits.

US two-year yields, which are more sensitive to monetary policy, spiked after the remarks and traders dialed back bets on a December rate reduction to below 60% — from 80% in the previous day.

Photo: Annabelle Gordon/Reuters Take the Federal Reserve’s projections from September and throw them into the trash. The path forward for rates is now highly uncertain. The Fed cut rates by a ...

Markets have quickly shifted over the past two months to reflect this sentiment. On Sept. 18, when the Fed slashed rates by half a percentage point, markets had projected the Fed would finish 2025 ...

In other words, while the Fed is cutting right now, it might have to cut at a slower pace,” Rajan said. That’s to make sure inflation doesn’t stall, but keeps coming down. There’s a lot ha ...

“The point is to find … the right pace and the right destination as we go.” The Fed’s benchmark rate now sits between 4.50 and 4.75 percent. Interest rate cuts trickle through the ...

Yet the Fed’s future moves are now more uncertain in the aftermath of the election, given that Trump’s economic proposals have been widely flagged as potentially inflationary. His election has ...

For now, the US presidential election results haven’t shifted the Federal Reserve’s plans. As widely expected, the central bank cut the federal-funds rate by 0.25 percentage points to a target ...

The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the job market as well as fighting inflation, which now barely exceeds the ...

With the rate-cutting cycle now in full swing, the Fed is bringing rates on a journey back to the so-called neutral rate of interest — a level of rates that neither stimulates nor dampens the ...