Federal Reserve System, A rate cut
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What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.
Treasury securities trends are often a strong indicator of how investors think the Fed will steer the economy. And by that measure, the markets are expecting falling interest rates and decent growth.
Mary Daly, president of the Federal Reserve Bank of San Francisco, on the factors shaping the U.S. economy right now, whether the outlook is positive or negative, and the importance of Fed independence.
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat.
2don MSN
Fed governor says current economy is 'calling for large interest rate cuts' to help job market
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.
Interest rates for certificates of deposit have soared in recent years along with rates for savings accounts, mortgages and other financial products. But not all CDs are created equal.