watch now Share Money Movers Fed's forecast changes at its next meeting will be the real news: Dreyfus and Mellon's Reinhart Vincent Reinhart, Dreyfus and Mellon chief economist, joins 'Money Movers' to discuss the week's economic data doesn't mean much for the...
Another interest rate hike could be looming. Here's what to know about the next Fed meeting (and how to get ready).
The Fed has one more meeting this year, and the outcome could have a big impact on your savings.
In this episode, Liz Ann and Kathy discuss the results and implications of the latest Fed meeting. They also address election-related questions and the impact of the FOMC meeting on interest rates. The conversation then shifts to the bond market's reaction and expectations. They explore the his...
below is the statement the fed released wednesday after its policy meeting ended: the federal reserve is committed to using its full range of tools to support the u.s. economy in this challenging time, thereby promoting its maximum employment and price stability goals. the covid-19 pandemic ...
The central bank has held the target rate steady since July 2023, when it was raised a quarter of a percentage point to 5.25% to 5.5%, the highest it's been in over 20 years. The last time the federal funds rate was cut was at the start of the pandemic, when the Fed slashed it...
Today's Fed Meeting The Federal Reserve’s policy-making committee voted to keep the benchmark interest rate steady at the conclusion of their meeting on Wednesday. Officials’ collective forecast for interest rates now implies only one quarter-point cut by the end of 2024, a significant shift ...
During the Fed's most recent rate-hike cycle that started from March 2022, interest rates were raised by a total of 5.25 percentage points.
The reason is that the Fed has shifted into rate reductions now thatinflationhas cooled. The central bank kicked off this new phase with a 0.50 percentage point rate cut on Sept. 18, and it's expected to throttle back further at its meeting next week, which will conclude with a rat...