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Key Takeaways The Federal Reserve's latest set of projections foresees inflation as measured by core PCE prices falling to a 2% annual rate by the end of 2028.If the Fed's assessment is accurate, ...
The Federal Reserve voted Sept. 17 to cut the federal funds rate by one quarter of a percentage point. It was a move long ...
Gold settled 1% lower, down for a second consecutive session, as investors digested Fed cut, and silver edged lower, down for a third consecutive session.
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
The long-held dual mandate of the Federal Reserve to maintain stable prices and maximize employment is under increasing scrutiny in the nation’s capital as GOP pressure on the central bank intensifies ...
In the near term, risks to inflation are tilted to the upside, and risks to employment to the downside — a challenging ...
JPMorgan Chase, Citigroup, Wells Fargo and Bank of America, PNC Bank, N.A. and others announced a decrease in its prime ...
In what was expected to be a contentious Federal Reserve meeting, policymakers on Wednesday instead emerged with a nearly ...
Kevin Burgett, an economist at LH Meyer/Monetary Policy Analytics, predicted the Fed will cut rates by another quarter-percentage point in October. A rate cut in October "is the path of least ...
Fed cuts rates by 25 basis points to 4%-4.25% with FOMC divided on future cuts, potentially driving $7+ trillion from money ...
Trump is testing the independence of the Fed by attempting to oust board member Lisa Cook and pushing for lower rates. He ...
The Fed cut rates to 4.00%-4.25% amid job market risks, but kept a hawkish stance due to inflation concerns. Find out why ...