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First, economists say it's unlikely the Fed will announce a rate cut this week because Powell has signaled he wants to seemore proofthat inflation is closer to the bank's goal of a 2% annual rate before trimming. But Powell is also expected to offer a hint on when the bank will start...
time, it was perfectly clear and so what you've seen in the stock market is a recognition of a risk factor or an uncertainty factor being ripped away. We know for a fact that the Republicans are going to take power and that Donald Trump will be the next president of the United States...
What will happen in the next Fed meeting? An additional interest rate hike is all but inevitable, particularly with inflation stuck at 3.7%, above the Fed's target goal of 2%. The question then mostly revolves around timing. Will Fed chairman Jerome Powell announce a rate hike on Wednesday?
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The Federal Reserve will announce another rate decision next Thursday, and it's overwhelmingly expected to make a quarter-point rate cut. Because that will push savings accounts and CD rates lower, now's a smart time to secure a rate for your future with one oftoday's best nationwide ...
“The Fed may wait until its September meeting to announce any changes for the following reasons: they would have an additional two months of economic data (specifically employment numbers), the September meeting follows ......