Monetary Policy

Treasury says Fed could still cut rates next year despite robust growth

A senior Treasury official said the Fed could cut rates next year even if growth stays strong, noting improving inflation and labor trends could give the Fed room to ease policy.

Hassett: AI-Driven Growth Is Easing Inflation, U.S. Slow to Cut Rates

Hassett, a contender for Fed chair, says the AI-driven surge is boosting U.S. growth and pushing inflation lower — and warns policymakers may be behind the curve on rate cuts.

Divided Fed Approves Third Rate Cut This Year, Signals Slower Pace Ahead

The Federal Reserve approved its third rate cut of the year in a split vote, calling it the final move for now and signaling a slower pace of reductions ahead.