US financial news live updates: Inflation, Fed interest hike, Social Security payments, SNAP benefits…

Date:

After aggressive hikes, when will Fed cut interest rates?

The Federal Reserve, starting in the spring of 2022, began raising interest rates at the fastest pace in four decades to squash rampant post-pandemic inflation. Over 12 meetings, policymakers raised rates 11 times taking them from near zero to the 5.25-5.5% range, the highest level since 2001. The last increase, in July, was a quarter point hike after pausing the month before.

While the central bank may yet ratchet up rates even further depending on economic indicators, investors are now wondering when the cost of borrowing may decrease. Deutsche Bank Chief US Economist Matthew Luzzetti walks through some of the paths that may convince the Fed to lower interest rates.

Share post:

Subscribe

Popular

More like this
Related

First Big Rains on the Way, Sandbags Available | News

Reading Time: 4 minutesWith the National Weather Service...

Macron’s deepfakes raise questions over AI use

French President Emmanuel Macron has used AI-generated deepfake videos...

A new blockchain social platform developed by Bitcoin Ethereum enthusiasts

BTY, referred to as WW, is a web3.0 social...

Top 50 Travel Trends in February

February 2025 travel trends highlight advancements in air travel,...