Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of policymakers have emphasized that cuts of half a percentage point ...
CNBC's Steve Liesman joins 'The Exchange' to discuss the Fed's outlook with on rate cuts with a new president-elect.
But is it still worth investing in now, ahead of what could be another rate cut at the November Fed meeting ... If you wait for additional inflation news and further Fed activity, the ...
Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
It marks the second time the Fed’s lowered rates this year in its continued focus on getting the inflation rate closer to an average 2%. December's meeting ... Price Index News Release summary ...
The previous 23-year high remained stagnant since July 2023 until September's meeting, marking the new range of 4.75% to 5%. "The (Fed) has gained greater confidence that inflation is moving ...
Collectively, those will be more relevant than the release of the Minutes from the most recent Fed meeting (because that was 3 weeks ago, but anything before the last jobs report might as well be ...
Federal Reserve officials, following their internal guidelines, have gone silent to prepare for their interest-rate policy meeting on Nov. 7. Based on the speeches from Fed officials over the ...
Then, Fed Chairman Jerome Powell said at the post-meeting news conference that the jumbo half-point cut wasn’t necessarily indicative of the pace of future cuts. A week after that, he cautioned ...
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