Top Fed officials comments highlight split on central bank about next interest rate cuts

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

La Niña has officially started: What happens next?

A detailed analysis found La Niña began in December 2024 with a weak La Niña favored during the rest of this winter.

The Hill - 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

Asia's central banks face a formidable challenge: An ascendant U.S. dollar

A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.

CNBC - Jan. 9

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

Fed officials are worried about the inflation impacts from Trump's policies, minutes show

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...

NBC News - Jan. 8

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

Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts

Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premises

Financial Times - Jan. 8

Fed officials are worried about the inflation impacts from Trump's policies, minutes show

The Federal Reserve on Wednesday released minutes from its December meeting.

CNBC - 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

Gazans React to Trump’s Comments About Hostages

President-elect Donald J. Trump said “all hell will break out in the Middle East” if hostages captured in the Hamas-led attacks were not freed before he takes office.

The New York Times - 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

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

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

Dolphins GM says Tyreek Hill hasn't asked for trade despite comments; top landing spots for star WR if dealt

Hill previously indicated he desired to stay in Miami

CBS Sports - Jan. 7

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

Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator

With Barr's resignation, a more precise image of incoming bank deregulation is forming.

CNBC - Jan. 7

2025 Fantasy Baseball: Top 150 rankings for Dynasty leagues, complete with value rating system

Here's how to value players when weighing the short-term vs. the long-term

CBS Sports - Jan. 7

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

GOP Homeland Security chair: Drone bill a top priority in next Congress

Rep. Mark Green (R-Tenn.), chair of the House Homeland Security Committee, said a bill empowering local authorities to take down drones is a “number one” priority in the next Congress. In an ...

The Hill - Jan. 6

Eager for what's 'Next,' Xavi opens up about his rise to the top

With the release his debut album, 'Next,' up-and-comer Xavi shares a robust look into his world of "música Mexicana fusions." The 20-year-old singer-songwriter of 'La Diabla' fame dishes on his ...

Los Angeles Times - Jan. 6

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

Fed official delivers a blunt message to the stock market — which ignores it

Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.

MarketWatch - Jan. 6

Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump

There had been speculation that Trump might replace Barr after he takes office Jan. 20.

CNBC - Jan. 6

Why bank stocks care that Michael Barr is stepping down as top Fed banking cop

As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.

MarketWatch - Jan. 6

Michael Barr to step down as Fed’s top Wall Street regulator

US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor

Financial Times - Jan. 6

AP poll reaction: What's next for each Top 25 team

The new AP Top 25 poll is out for women's college basketball. Here is what's ahead for every team in the rankings.

ESPN - Jan. 6

Fed’s top bank cop to step down, averting potential clash with Trump

Politico - Jan. 6

Boston Red Sox top prospects 2025: No. 1-ranked Roman Anthony highlights impressive system ready for majors

Boston's top three prospects are also among the top 10 in the league

CBS Sports - Jan. 6

Fed has hit the pause button for rates, and may only cut once this year, experts say

The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...

MarketWatch - Jan. 6

The top 6 highlights of the Golden Globes, according to those who were there

Our team on the ground at the Beverly Hilton reports on their favorite moments of the night from the red carpet, inside the ballroom, backstage and more.

Los Angeles Times - Jan. 6