Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of policymakers have emphasized that cuts of half a percentage point ...
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
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November Fed Meeting Live Updates: Fed readies a second consecutive interest rate cutIntroducing Bankrate’s live blog Since its inception in 1976, Bankrate has been the top source for information on interest ...
CNBC's Steve Liesman joins 'The Exchange' to discuss the Fed's outlook with on rate cuts with a new president-elect.
The Federal Reserve cut interest rates by 0.25 percentage point at its meeting Thursday. Here are the scheduled meetings for ...
After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money ...
But is it still worth investing in now, ahead of what could be another rate cut at the November Fed meeting ... If you wait for additional inflation news and further Fed activity, the ...
a day after Donald Trump's election victory powered the three major U.S. indexes to new all-time highs. The main event Thursday: an interest-rate decision from the Federal Reserve, due at 2 p.m. ET.
It marks the second time the Fed’s lowered rates this year in its continued focus on getting the inflation rate closer to an average 2%. December's meeting ... Price Index News Release summary ...
The previous 23-year high remained stagnant since July 2023 until September's meeting, marking the new range of 4.75% to 5%. "The (Fed) has gained greater confidence that inflation is moving ...
Federal Reserve officials, following their internal guidelines, have gone silent to prepare for their interest-rate policy meeting on Nov. 7. Based on the speeches from Fed officials over the ...
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