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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.
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 ...
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.
US stocks plummeted Wednesday after the Fed cut rates but dialed back the outlook for easing next year. The central bank cut rates by 25 basis points but projected only two rate cuts in 2025.
The Federal Reserve held rates at near zero following a two-day policy meeting that concluded on Wednesday, citing plans to halt pandemic-era policy of asset purchases first. The Federal Open ...
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 ...
Given that data has continued to show an economy pacing for solid growth while inflation's path down to the Fed's 2% goal remains bumpy, markets have moved to price in fewer interest rate cuts ...