The Federal Reserve's Open Market Committee (FOMC) met on January 30-31. The group announced its rate decision at 2 p.m. Eastern time on January 31. Chairman Jerome Powell is holding a press conference at 2:30 p.m. on Wednesday to discuss the FOMC's rate decision and provide informati...
The Federal Reserve today made itsfinal interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering inits first rate reductionin four years. On Dec. 18, the Federal Reserve made itsthird consecut...
Federal Reserve Press ConferenceJohn Smith
All eyes on Wall Street were watching the Federal Reserve today as the central bank wrapped up its Federal Open Market Committee (FOMC) meetings for the month. So what did the Federal Reserve do today? And what was the Fed interest rate decision for March 2022? Source: Shutterstoc...
The Federal Reserve said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably.
FOXBusiness What do markets think of new Fed decision? Kaltbaum Capital Management President Gary Kaltbaum and Ladenburg Thalmann Asset Management CEO Phil Blancato weigh in on the latest Federal Reserve decision, today’s markets, earnings season and economic trends. ...
Federal Reserve officials say that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year. 2 of 3 | FILE - A screen displays a news conference with Federal Reserve Chairman Je...
Federal Reserve Chair Jerome Powell suggested the central bank is getting close to the confidence it needs to start lowering interest rates, bolstering the idea that such a move could come in the next few months. He told lawmakers that rate reductions “can and will begin” this year, adding...
The Federal Reserve's "dovish hike" on May 3 helped set the stage for the next phase of the S&P 500 rally that has followed. Despite hiking its key interest rate above 5%, the Fed, by dropping its bias toward additional rate hikes, essentially gave the stock market room to run. T...
Federal Reserve Chairman Jerome Powell said in his press conference today that "it doesn't make sense that the economy would be in recession," given monthly payroll growth has recently been averaging 450,000 jobs, and that employers added 2.7 million jobs in the first half. ...