When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will ...
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...
The Federal Reserve kicked off its easing campaign with a bang Wednesday, cutting rates by 0.5 percentage point, or 50 basis points, to a range of 4.75% to 5%. Quarterly projections showed a narrow ma ...
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
Then, at 2:30 p.m., eyes will turn to commentary from Fed Chair Jerome Powell when he takes the stage at the post-meeting press conference.
The September meeting of the Federal Reserve is one of the most highly anticipated in recent memory. While expectations were high the Fed will cut rates, we didn't know by how much or at what pace ...
The upcoming policy update by the Federal Reserve, due in roughly one hour, is being treated as an important moment for many market participants. And there's a number of reasons for this. "Today, ...
The central bank’s policymaking body begins a two-day meeting on Tuesday, with an interest-rate decision due on Wednesday at 2 p.m. Eastern time. Fed chair Jerome Powell will then hold a press ...
It marks the first time the Fed’s lowered rates since 2020 after holding the benchmark unchanged after eight previous meetings in its continued focus on getting the inflation rate closer to an ...
Major brokerages expect the Fed to lower interest rates by 25 basis points at the end of its two-day monetary policy meeting, even as financial markets price in a good chance of policymakers ...