While Trump will have the power to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate directly.

“We look for the (Fed) to reduce the fed funds rate by 25 bps while simultaneously emphasizing that future rate cuts will be slower-going and data dependent,” said Sam Bullard, managing director and for Wells Fargo’s corporate and investment banking group.

While Wall Street is already pricing in a 25-basis-point cut from the Federal Reserve at its December meeting this week, what could be on the docket for interest rates in 2025? Yahoo Finance Fed reporter Jennifer Schonberger joins the Morning Brief team to discuss whether the central bank could stick to its four rate cuts planned for next year,

Federal Reserve officials are likely to slow the pace of rate cuts in 2025, which would keep borrowing rates higher for longer.

The Federal Reserve is set to cut its benchmark interest rate by a quarter-percentage point this week, staying on the path it has laid out to slowly bring rates down even as the economic landscape shifts beneath its feet.

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting.

Fed "can afford to be more cautious as it lowers rates." The conundrum will color the Fed's December meeting. It starts Tuesday and ends Wednesday when the Fed is expected to cut its current key federal funds rate to 4.

The Switzer Report founder Peter Switzer discusses the likelihood of the United States Federal Reserve cutting interest rates.

The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s last monetary policy decision of this year. The central bank is widely expected to cut interest rates for a third time since September.