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The Fed cut rates by half a point in September, marking the central bank’s first rate-reduction during a 2 1/2 year battle against inflation in the wake of the COVID-19 pandemic.
Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following three consecutive cuts at the end of 2024.
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 ...
A reporter listens as U.S. Federal Reserve Chair Jerome Powell answers a question during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy ...
Powell, who is expected to serve out the rest of his term, indicated late last year that the Fed will likely reduce rates more slowly in 2025 amid a “new phase.” While 2024 saw…
The next Federal Reserve meeting will be held from Nov. 6 through 7. Your wallet, explained. Sign up for USA TODAY's Daily Money newsletter. Federal Reserve 2024 Meeting Schedule. Jan. 30–31 ...
Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, with more attention focused on policymakers ...
Today Jerome Powell and his Fed committee kick off a two-day meeting that might, in theory, mark the beginning of a long-awaited reduction in America's base interest rate.