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Fed Announces 0.25% Rate Cut
Fed seen on track for 25-basis-point rate cuts next week and in December
Data earlier this week showed inflation by the Fed's targeted measure running at 2.1% in September, just a notch above its 2% goal, though sticky underlying price pressures are expected to keep U.S. central bankers wary of declaring victory too early.
Traders Firm Up Bets on Further Rate Cut in December After Fed Meeting
The Federal Reserve’s decision to cut interest rates by a quarter of a percentage point came as no surprise. The market appears to have taken away a slightly hawkish tone from Fed Chair Jerome Powell’s comments.
Key takeaways from the Fed’s rate cut after the election
The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this week. Chair Jerome Powell also affirmed his commitment to serve out his term,
Hosted on MSN
12d
Fed seen on track to cut rates next week and in December
The fact that wage growth eased last quarter even as the economy expanded solidly may give
Fed
policymakers added ...
10d
Labor market, growth remain solid, keeping Fed on track for another rate cut
The Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
12d
U.S. Federal Reserve seen on track to cut interest rates next week and in December
The U.S. central bank is expected to cut rates next week in an effort to keep the labour market from further cooling ...
5d
Fed's Powell Still Confident That Inflation Progress Is on Track
Federal Reserve Chair Jerome Powell said Thursday that inflation data show that the U.S. has made “significant progress” on bringing down inflation down the bank’s 2% target. The Federal Reserve’s ...
upnorthlive
1d
New administration brings unknowns to Fed’s path on interest rates
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
11d
Fed seen on track for rate cut despite weak US October payrolls
Bloomberg The muddied report provides more evidence that the labour market is still down-shifting from the overheated levels ...
12d
PCE inflation edges closer to Fed's 2% target, keeping FOMC on track to cut interest rates
(Getty Images) Prices in the U.S. rose modestly in September, but not enough to suggest inflation is rekindling or to prevent ...
11d
Fed On Track for Rate Cut After Weak Jobs Data, Hiring Markdowns
A weak October employment report keeps Federal Reserve officials on track to cut interest rates by a quarter point when they ...
5d
on MSN
Dollar slips before Fed rate decision
The dollar fell on Wednesday before the Federal Reserve is expected to cut rates by 25 basis points, while traders were also ...
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