Federal Reserve Bank Chair Jerome Powell ... 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.
In its post-meeting statement, the Federal Reserve said it was lowering the target range "in light of the progress on inflation and the balance of risks," acknowledging it's "gained greater ...
The Federal Reserve also maintained its 2025 GDP growth ... Fed will issue an additional 25 basis-point rate cut at its next meeting, which concludes on November 1. However, investors and ...
The Federal Reserve is poised to deliver its first interest ... point cut that some experts say could be on the table at the meeting. "In this environment, I don't see why the Fed would go crazy ...
We also cover whether savings account rates will drop soon. Compare Today's Banking Offers Overview of Federal Reserve meetings The purpose of FOMC meetings is for the Committee to assess ...
President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 ...
Tierney L. Cross / Bloomberg / Getty Images The Federal Reserve is set to cut interest rates at its policy meeting next week, but some economists wonder whether the central bank has waited too ...
While markets are expecting at least one rate cut before the end of the year, RBA governor Michele Bullock and most of the ...