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It’s not the first time Fed officials have adjusted that protocol, a look at past Fed meeting schedules reveals. The Fed in November 2018 announced its interest rate decision on a Thursday to ...
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 ...
Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, D.C., on December 18, 2024. (Photo by ANDREW CABALLERO-REYNOLDS/AFP ...
The Federal Reserve announced the establishment of temporary U.S. dollar liquidity arrangements with other central banks. Official statement: March 15, 2020 0%–0.25% 0.25% 9–1 This was an emergency unscheduled meeting in response to the Coronavirus pandemic in the United States. Official statement: March 3, 2020 1%–1.25% 2.75% 10–0
After its meeting last week, the Federal Reserve kept interest rates at 5.25 percent to 5.5 percent. July’s jobs report was released shortly after the meeting, showing slower growth than ...
Powell on Monday reiterated a point he made immediately following the Sept. 18 meeting, saying the Fed’s decision to slash rates by 50 basis points instead of 25 reflected growing confidence ...
At the June meeting, the Fed’s survey of economic projections showed that policymakers see the fed funds rate eventually settling at 2.8% over the long term. Those projections also assume the ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread ...