Federal Reserve maintains federal funds rate as Chair Powell reports solid economic expansion, labor market stabilization, ...
The Federal Reserve announced it would keep interest rates unchanged, signaling that economic risks appear to be subsiding. This move comes after a period of ...
Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...
WASHINGTON (TNND) — Another rate cut seems likely at next week’s Federal Reserve meeting -- unless Chair Jerome Powell invokes the latest economic data as grounds for a postponement. Former White ...
This is read by an automated voice. Please report any issues or inconsistencies here. Federal Reserve officials are sharply divided on a December rate cut, with market odds plunging to 50-50 from 94% ...
The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...
• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...