Trump ramps up Fed rate cut pressure
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David Einhorn, founder of Greenlight Capital, predicted the Federal Reserve will cut interest rates “substantially more than two cuts” this year, arguing that markets are significantly underestimating the pace of monetary easing ahead.
The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.
By Elena Fabrichnaya MOSCOW, Feb 13 (Reuters) - Russia's central bank cut its key interest rate by 50 basis points to 15.5% on Friday and signalled that rates could fall further in a bid to shore up the slowing wartime economy,
The red-hot January non-farm payrolls report blew away Wall Street, and almost at once, the prediction for 2.5 rate cuts this year was slashed to 2. In addition, if the January consumer price index number,
The Manila Times on MSN
Growth slump seen prompting rate cut
THE Bangko Sentral ng Pilipinas (BSP) is expected to deliver another quarter-point rate cut this Thursday amid an economic growth slowdown and rising inflation. All analysts polled by The Manila Times said the central bank would continue easing to help lift the economy,
Federal Reserve Governor Stephen Miran is calling for aggressive interest rate cuts exceeding one percentage point after dissenting in the latest FOMC meeting.
Economists give their forecasts for when the next rate cut could take place in 2026.
The Fed will keep rates unchanged through Chair Jerome Powell's term ending in May, but could cut immediately afterward in June, a Reuters poll showed, with economists warning that policy under his likely successor, Kevin Warsh, could become too loose.
Wagers that slowing inflation will allow the Federal Reserve to cut interest rates at least twice this year drove Treasury yields to their lowest levels of the year, adding to the biggest weekly gain in months.