At the end of each FOMC meeting, the Fed releases a short statement outlining its current take on the state of the economy. About every six weeks, its Federal Open Market Committee (FOMC ...
The FOMC will consider new Q3 GDP data, September jobs report, PCE, and CPI inflation indices, and the Beige Book in their upcoming meeting. The Beige Book breakdown of economic conditions across ...
Investing.com -- After a historic week for markets in the wake of Donald Trump's resounding win in the U.S. presidential election investors will be turning their attention to inflation numbers for ...
The Federal Open Market Committee unanimously voted to lower interest rates by a quarter of a percentage point on Thursday. This was back to business as normal for the Federal Reserve’s rate ...
It was the first meeting of the FOMC since former President Donald Trump’s election victory. Policymakers have said repeatedly that the Fed is apolitical and that their calls on interest rates ...
The dollar today fell back from Wednesday’s 4-month high on profit-taking ahead of the FOMC meeting results later this afternoon when the Fed is expected to cut the fed funds target range by -25 bp.
This is Major. Federal Funds Rate is out at 2 PM EST. This is Major. FOMC Statement is out at 2 PM EST. This is Major. FOMC Press Conference starts at 2:30 PM EST. This is Major. Consumer Credit m ...
But neutral is a theoretical idea, not a specific level." “Financial markets fully anticipated this rate cut, and the FOMC’s statement provides no new information regarding the likelihood of ...
Wall Street... FOMC decision, Qualcomm, CVS Health earnings: 3 things to watch By Investing.com - May 02, 2023 1 Investing.com -- Stocks tumbled on Tuesday, but recovered some of the ground they ...
Last week we saw the S&P 500 ($SPX) (SPY) close 0.25% higher on the week with a strong driver being Nvidia (NVDA) which ...
Markets are already predicting a 0.25% cut, but the Federal Open Market Committee (FOMC) gatherings can nonetheless spark crypto and risk-asset volatility in their own right. This comes chiefly ...
This week, the Federal Open Market Committee (FOMC) — a division of the Federal Reserve responsible for setting monetary policy — met once again to evaluate the health of the economy and make ...