Wall Street has priced in a 25 basis point cut to interest rates— the first of this year — expected from Federal Reserve officials coming out of their FOMC meeting this week. The biggest question now is what the US central bank's rate path will be for the remainder of 2025.

“If the Fed moves too quickly with rate cuts, they run the risk of reigniting inflation expectations. Conversely, if the Fed moves too slow, growth could stall. Unless incoming data over the coming months show a sharper slowdown in jobs or inflation, the Fed is likely to keep future rate cuts data dependent rather than predetermined.”

Trump moved to fire Cook in late August, citing allegations of mortgage fraud brought by one of his political appointees, Federal Housing Finance Agency Director Bill Pulte. Cook has not been charged with any crime and has denied the allegations. Read the full story here.

The Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut interest rates.

James Bullard, the former president of the Federal Reserve Bank of St. Louis, said Monday he’d spoken last week with Treasury Secretary Scott Bessent about becoming central bank chair, and that he’s very interested in the job under the right set of conditions.

Interest rate cuts are on the horizon. Here are three places savers should move their $10,000 before that happens.

The Federal Reserve is expected to cut its key interest rate Wednesday, but the cut is a fraction of the reduction President Donald Trump has demanded.

The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn’t broken rules for tax breaks on a home there that Cook declared her primary residence. The finding,