Minneapolis Fed President

Minneapolis Fed president says another interest rate cut in December is "certainly possible"

Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...

Minneapolis shooting sparks outrage as suspect is charged but not arrested

A white Minneapolis man was charged with attempted murder Thursday after allegedly shooting his Black neighbor in the neck for touching a tree following an ongoing dispute, but the failure of ...

Minneapolis man accused of shooting neighbor arrested after lengthy standoff

A Minneapolis SWAT team took John Herbert Sawchak into custody days after Sawchak allegedly shot his neighbor. KARE's Michelle Baik reports.

Minneapolis musician Tyka Nelson, Prince's sister, dies at 64

Minneapolis musician Tyka Nelson, Prince's only full sibling, died Monday.

Where Minneapolis police reform stands after George Floyd's death in 2020

Since George Floyd's 2020 murder, the Minneapolis Police Department has spent at least $2.5 million on training and recruitment, but some community members say that has not translated to trust.

3 dead in pair of shootings at Minneapolis homeless camps that police say may be linked

Two weekend shootings at Minneapolis homeless encampments that killed three people and wounded three others may be connected, police said.

Police in Minneapolis face backlash over response to man who allegedly shot, injured neighbor

Nearly a week after Davis Moturi was shot while trimming a tree outside his Minneapolis home, police have arrested his neighbor, John Sawchak. Moturi, who is recovering, and his wife filed at least ...

Musician Tyka Nelson, Prince's sister and only full sibling, dies at 64

Minneapolis musician Tyka Nelson, Prince’s only full sibling, died Monday

Entertainment - ABC News - November 5

Examining Minneapolis' police reform efforts more than 4 years after George Floyd's murder

In the aftermath of the 2020 murder of George Floyd by Minneapolis police officers, the city has made drastic changes, including shifting funding from its police department into other services and ...

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - November 7

How will the Fed handle Trump?

Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressive

Business - Financial Times - November 12

Feds approve NYC congestion pricing

{beacon} Energy & Environment Energy & Environment The Big Story Biden OKs $9 NYC traffic toll Federal officials have approved a plan that would allow New York City to implement a $9 toll on ...

Politics - The Hill - Yesterday

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - November 6

Trump Is Inheriting Booming Markets and a Decisive Fed

Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.

Business - Inc. - November 7

Trump is not expected to try to fire Fed Chair Powell

Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.

Business - MarketWatch - November 7

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Here's what changed in the new Fed statement

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Business - CNBC - November 7

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - November 7

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

The Fed talks about not talking about Trump

Jay Powell sets some limits

World - Financial Times - November 8

The Fed’s Job Is About to Get a Lot Harder

Jerome Powell sees an uncertain path as Trump enters the White House and inflation wavers.

Business - Inc. - November 8

Feds investigate racist text messages sent nationwide

Federal authorities are investigating racist text messages that were sent this week to residents in at least 19 states, from California to Connecticut. The texts were also sent to students at ...

Fed up with the economy, Americans turn to Trump

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.

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