The Federal Reserve kept its benchmark rate steady at its first meeting of 2024. Here's what it means for your money.
official. CBS News' Charlie D'Agata has the latest as Blinken speaks from the G7 meeting in Italy. Nov 26, 2024 25:03 What do Cabinet members do? Here are the expectations for each role These are the president's top advisers and the highest-ranked U.S. officials. Here's what ...
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. To...
Analysis: Federal Reserve meeting of policy-makers being held todayBOB EDWARDS
And the Federal Reserve is the reason for the “well-founded sense that they system is broken and rigged.” All of which goaded me to create a new meme. I’ll close by stating that today’s column isn’t about America’s central bank shifting blame. But it would be very interesting ...
The Federal Reserve took another step along its new policy road today, lowering the federal funds rate by another 25 basis points (0.25%), putting the key monetary policy tool at its lowest level since December 2022. While the Fed's quasi-official outlook is still that rates are likely to...
In its first meeting of 2025, the Federal Reserve announced today that it will leave its benchmark interest rate unchanged. This follows three consecutive rate cuts, by half a percentage point in September and a quarter-point in both November and December. ...
Today’s D Brief: Hearing set for SecDef pick; Guards' wildfire work; CNO’s new dashboard; Women ended Army’s recruiting skid; And a bit more... Bradley Peniston and Lauren C. Williams January 10, 2025 Polaris protests start to multiply ...
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cuts Thursday, 9 January, 2025 Top Fed official says central bank is ‘pretty close’ to meeting twin targets Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policy ...
Federal Reserve Chair Jerome Powell speaks to media during a press conference after a Federal Open Market Committee meeting, in Washington, D.C., on Wednesday, November 1. Graeme Sloan/Sipa USA/AP “There’s very little shock factor in today’s rate decision,” said Seema Shah, chief glob...