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What was the Fed rate decision today? The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a ...
The Fed last month lowered rates for the first time in more than four years, by half a percentage point, while estimating that rates would move even lower over the next 12 to 18 months.
Hammack’s dissent was the second since the Fed began its rate-cutting cycle in September. The first was Fed governor Michelle Bowman, who voted in support of this week’s 25 basis point cut.
The Federal Reserve Board in Washington and its 12 regional reserve banks across the US employed about 24,000 people last year. The vast majority — more than 86% — of staff work out of the ...
End the Fed is a 2009 book by Congressman Ron Paul of Texas. The book debuted at number six on the New York Times Best Seller list [ 1 ] and advocates the abolition of the United States Federal Reserve System "because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty."
The Federal Reserve cut its federal funds rate by a quarter point today following a two-day policy meeting, bringing its benchmark rate to between 4.25% and 4.50%.
Pinned post. Fed follows through, cutting interest rates by a quarter of a percentage point. The Federal Reserve cut interest rates for the second consecutive meeting on Thursday, this time by a ...
The new consensus from Fed officials released Wednesday shows the unemployment rate ticking up to 4.4% from their previous forecast of 4.0%. They predicted the economy will grow at 2% instead of 2 ...