U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee at the U.S. Federal Reserve in Washington, Dec. 10, 2025. Kevin Lamarque | Reuters The Federal Reserve heads into 2026 facing a slew of political and policy challenges, headlined by a new chair and an…
Labor market weakness, uncertainty about inflation and political pressure will push the Federal Reserve to lower interest rates aggressively in the early part of 2026, according to Mark Zandi, chief economist at Moody’s Analytics. Though markets and Fed officials themselves see only modest easing in the year ahead, Zandi expects the central bank to enact…
WASHINGTON – The Federal Reserve on Tuesday released minutes from its highly divisive meeting earlier this month, which concluded with a vote to lower interest rates again that appeared to be an even closer call than the final vote indicated. Officials expressed a variety of opinions during the Dec. 9-10 meeting, according to the summary…
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and…
National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chair Jerome Powell when his term ends in May, said the artificial intelligence…
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images Thursday’s bonanza of four European central banks announcing interest rate decisions was as expected: the European Central Bank, Norges Bank, and Riksbank held their rates, while the Bank of England cut. But there…
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited…
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 0.71% in November, accelerating from an all-time low of 0.25% in the prior month. The headline inflation number was in line with…
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve on Wednesday approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue…
U.S. President Donald Trump participates in a roundtable discussion with business leaders at the White House in Washington, D.C., U.S., Dec. 10, 2025. Jonathan Ernst | Reuters President Donald Trump on Wednesday said the Federal Reserve‘s latest decision to cut benchmark interest rates by a quarter percentage point could have been “at least doubled.” Trump,…
