US Fed Meeting Live Updates: Powell-led FOMC slashes benchmark rate by 50 bps to 4.75-5% for first time in four years
Jerome Powell-led rate-setting panel reduced the policy rate by 50 bps for the first time in four years after leaving the benchmark rates at the 23-year high-mark for eight consecutive meetings since July 2023.
Federal Reserve Chair Jerome Powell told reporters Wednesday that the Federal Open Market Committee isn’t in a rush to lower ...
6don MSN
Tom Lee, Fundstrat Global Advisors co-founder, joins 'Closing Bell Overtime' to talk the week's market action.
I have to question their intellgence, or maybe they know something we don't... For in the past, outside of the emergency rate reductions during Covid, the last time the FOMC cut by half a point was ...
Today’s anticipated reduction in the federal funds rate could "trigger" additional upside in cryptocurrency prices.
The Fed's aggressive rate cuts reflect a balancing act to avoid panic and achieve a soft landing. Read more to see my ...
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further ...
"The long-awaited Fed easing cycle is upon us, but the FOMC will be cautious after the inflation challenges of the past few years," said Fitch Chief Economist Brian Coulton. "The pace of rate cuts ...
Stock index futures traded in the green on Tuesday, with Nasdaq futures leading the pack, as investors cheered Intel's (INTC) ...
12hon MSNOpinion
T his week’s Federal Open Market Committee meeting is notable for two things. America’s central bank is shifting into ...
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