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Latest in Fed Governor Bowman says December interest rate cut should be the last

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  • Jeju Air ‘black box’ data missing from last 4 minutes before crash, South Korea ministry says

    Jeju Air ‘black box’ data missing from last 4 minutes before crash, South Korea ministry says

    The flight data and cockpit voice recorders on the Jeju Air jet that crashed on Dec. 29 stopped recording about four minutes before the airliner hit a concrete structure at South Korea’s Muan ...
    NBC News - Jan. 11
  • UK should consider letting IS members return, terror watchdog says

    UK should consider letting IS members return, terror watchdog says

    Jonathan Hall KC says those who return could be prosecuted here over what they did for the jihadist group.
    BBC News - Jan. 11

  • Hoda Kotb's last 'Today' show: Host says goodbye with Kathie Lee, Gayle King, Kermit the Frog

    Hoda Kotb steps down as a co-host of NBC's 'Today' show amid a send-off by her kids, Kathie Lee Gifford, Jimmy Fallon, Gayle King, Kermit the Frog and more.
    Los Angeles Times - Jan. 10

  • Greenland head says his people don't want to be Americans amid Trump interest

    Greenland's prime minister said he hasn't spoken to President-elect Donald Trump, but that he's open to discussions about what "unites us."
    CBS News - Jan. 10

  • Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns

    Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
    The New York Times - Jan. 10

  • Surprising December jobs growth is denting chances of a first-half Fed rate cut

    Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...
    MarketWatch - Jan. 10

  • The unemployment rate for Black women fell in December, following a sharp rise

    Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.
    CNBC - Jan. 10

  • U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%

    Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.
    CNBC - Jan. 10

  • Strong December job growth could augur fewer Fed interest-rate cuts

    Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
    CBS News - Jan. 10
  • U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%

    U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%

    The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...
    NBC News - Jan. 10
  • The Fed Is in No Rush to Cut Rates

    The Fed Is in No Rush to Cut Rates

    Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
    The New York Times - Jan. 10

  • Biden says feds will cover 100% of fire response costs in California

    "I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."
    CBS News - Jan. 9
  • Fed Governor Bowman says December interest rate cut should be the last

    Fed Governor Bowman says December interest rate cut should be the last

    Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.
    NBC News - Jan. 9

  • HELOC interest rates drop to 18-month low: Should you open one now?

    HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.
    CBS News - Jan. 9

  • What's a good home equity loan interest rate in 2025?

    With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.
    CBS News - Jan. 9

  • Fed Governor Bowman says December interest rate cut should be the last

    Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.
    CNBC - Jan. 9

  • Why two Fed officials doubt the need for many more rate cuts

    One official warned that “progress on inflation could continue to stall.”
    MarketWatch - Jan. 9

  • Top Fed official says central bank is ‘pretty close’ to meeting twin targets

    Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policy
    Financial Times - Jan. 9

  • December jobs report forecast is 155,000. But here’s the number investors really should watch.

    Rising unemployment prodded the Federal Reserve to cut interest rates last fall despite lingering inflation — and the jobless rate could still be the deciding factor for future rate cuts.
    MarketWatch - Jan. 9

  • Fed’s Collins says her concerns about labor-market fragility have decreased

    The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.
    MarketWatch - Jan. 9
  • Trump says Newsom should resign as Los Angeles wildfires rage

    Trump says Newsom should resign as Los Angeles wildfires rage

    President-elect Trump has cast blame on California Gov. Gavin Newsom (D) for the raging wildfires in the Los Angeles region, most recently calling for him to resign. “One of the best and most ...
    The Hill - Jan. 9
  • Fed officials saw need for ‘careful approach’ to future rate cuts

    Fed officials saw need for ‘careful approach’ to future rate cuts

    Minutes from December meeting show policymakers are concerned about US inflation risks
    Financial Times - Jan. 8
  • Rate-Cut Decision Was Narrow, Fed Minutes Show

    Rate-Cut Decision Was Narrow, Fed Minutes Show

    Stubborn inflation, and potential tariffs, make future rate cuts uncertain.
    The New York Times - Jan. 8

  • Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

    “Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.
    MarketWatch - Jan. 8

  • What's a good CD interest rate in 2025?

    CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.
    CBS News - Jan. 8

  • What factors drive mortgage loan interest rates?

    The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.
    CBS News - Jan. 8
  • Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

    Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

    After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.
    Inc. - Jan. 8

  • Special counsel's Trump report should be partially released, DOJ says

    The Justice Department told a federal appeals court that the portion of special counsel Jack Smith's report on his investigation involving the 2020 election should be released to the public.
    CBS News - Jan. 8

  • Private sector companies added 122,000 jobs in December, less than expected, ADP says

    Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.
    CNBC - Jan. 8

  • Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

    Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
    MarketWatch - Jan. 8
  • Johnson says no cuts to Social Security and Medicare to fund Trump's agenda

    Johnson says no cuts to Social Security and Medicare to fund Trump's agenda

    House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.
    ABC News - Jan. 7
  • Labor Board Says Google Should Have to Bargain With Contractors’ Union

    Labor Board Says Google Should Have to Bargain With Contractors’ Union

    A National Labor Relations Board complaint says that as a joint employer of workers from IT staffing firm Accenture Flex, the tech giant should be obliged to negotiate with its union.
    Inc. - Jan. 7
  • Trump: ‘Interest rates are far too high’

    Trump: ‘Interest rates are far too high’

    President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...
    The Hill - Jan. 7
  • Bill Belichick says he had "shared vision" with Patriots, until "the last four years"

    Bill Belichick says he had "shared vision" with Patriots, until "the last four years"

    The decision of the Patriots to create a succession plan, while smart on paper, fell flat in practice.
    Yahoo Sports - Jan. 7
  • The UN says more than 5,600 people were killed in Haiti last year as gangs rampage

    The UN says more than 5,600 people were killed in Haiti last year as gangs rampage

    Officials say more than 5,600 people were reported killed in Haiti last year as a U.N.-backed mission led by Kenya struggles to contain rampant gang violence
    ABC News - Jan. 7

  • This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.

    Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.
    MarketWatch - Jan. 7

  • UK house prices dipped in December, says Halifax

    Decline is first for nine months although prices still 3.3% above last year
    Financial Times - Jan. 7
  • US corporate bankruptcies hit 14-year high as interest rates take toll

    US corporate bankruptcies hit 14-year high as interest rates take toll

    Consumer companies such as Party City hit by persistent inflation and weak spending
    Financial Times - Jan. 7
  • Derek Carr says he won't take a pay cut for 2025

    Derek Carr says he won't take a pay cut for 2025

    When the Saints signed quarterback Derek Carr two years ago after he was released by the Raiders, the contract was structured as a two-year guarantee with a team option thereafter.
    Yahoo Sports - Jan. 7

  • HELOC interest rate pros and cons to know for 2025

    A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.
    CBS News - Jan. 6
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  • Fed Governor Bowman
  • Governor Bowman Says
  • Bowman Says December
  • Says December Interest
  • December Interest Rate
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