Another interest rate hike could be looming. Here's what to know about the next Fed meeting (and how to get ready).
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...
The Fed has one more meeting this year, and the outcome could have a big impact on your savings.
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...
That brought the economy’s benchmark lending rate to 4.398%, while adding to its weekly climb of nearly 25 basis points, the biggest move in over a year, and a huge jump when the Fed has been trying to lower borrowing costs.
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 ...
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...
Mark Zandi: I think the Fed will be on hold. The Fed, as you know, has been cutting interest rates since last September and cut rates almost a little over a percentage point during that time. But they indicated at their last meeting a few weeks ago that they are going to go on hold...
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...