Why the Fed's first rate cut could be delayed until March 2025 if inflation stays stubbornly high

Tech Insider : Economy
jerome powell
Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, Capitol Hill in Washington.

Jacquelyn Martin/AP

There's no reason why the Fed should cut rates right now, JPMorgan market strategist says

Tech Insider : Economy, Economy
Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on July 26, 2023 at the Federal Reserve in Washington, DC. The Federal Reserve announced that it will raise the interest rate by a quarter of a percentage point, bringing the benchmark borrowing rate to a range of 5.25% and 5.5%.

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The Fed has 'itchy fingers' and should not be in a rush to cut interest rates, Larry Summers says

Tech Insider : Economy
A photo of Larry Summers
Larry Summers said he was "disillusioned and alienated."

Tom Williams/CQ-Roll Call, Inc via Getty Images

The Fed holds interest rates steady in its 2nd decision of the year — with cuts still expected later in 2024

Tech Insider : Economy, Economy
Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell.

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Goldman Sachs now sees just 3 rate cuts in 2024 amid persistently hot inflation

Tech Insider : Economy, Economy
Jerome Powell
Federal Reserve Chairman Jerome Powell participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC. The council met to deliver an update on the Council’s Climate-related Financial Risk Committee and spoke on the transition from LIBOR.

Kevin Dietsch/Getty Images

Fed Chairman Jerome Powell could wind up deciding the presidential election

Tech Insider : Economy, Politics, Economy
Photo Collage featuring Jerome Powell holding a scale. On one side of the scale is a picture of Donald Trump, and on the opposite side is an image of President Biden,

Chip Somodevilla/Getty Images; Matt Rourke/AP; Sarah Silbiger/Bloomberg via Getty Images; Alyssa Powell/BI

The Fed insists it will cut rates this year

Tech Insider : Economy
US Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC.
US Federal Reserve Board Chairman Jerome Powell.

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3 rate cuts in 2024 would be a 'surprise,' former Fed president Thomas Hoenig says

Tech Insider : Economy
US Federal Reserve Chair Jerome Powell
US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.

Liu Jie/Xinhua via Getty Images

The Fed may not cut rates at all this year because high rates 'aren't hurting much,' analyst says

Tech Insider : Economy
US Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC.
US Federal Reserve Board Chairman Jerome Powell.

Anna Moneymaker/Getty Images

The Fed engineered a miracle. Now comes the hard part.

Tech Insider : Economy, Economy
Jerome Powell, Federal Reserve Chairman
Jerome Powell has so far been able to lower inflation without crushing economic growth.

Chip Somodevilla / Staff

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