Fed's Kashkari Says December Cut Will Depend on Data
16 hours ago · Provided by Dow Jones Nov 12, 2024 4:20am. Fed's Kashkari Says December Cut Will Depend on Data By Vicky Ge Huang. Minneapolis Fed President Neel Kashkari says coming economic data will determine ...
Federal Reserve issues FOMC statement
6 days ago · Federal Reserve issues FOMC statement. Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains ...
Fed meeting recap: Powell ‘feeling good’ about ... - NBC4 …
5 days ago · The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair Jerome Powell said he was "feeling good" about the economy.
Federal Reserve cuts its key interest rate by a quarter-point | AP News
6 days ago · By CHRISTOPHER RUGABER. Updated 2:42 PM PST, November 7, 2024. WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
Trump, Jay Powell and a Potential Fight over the Fed’s Future
1 day ago · A battle over the Fed’s future. Donald Trump’s threat to exert more say over the Fed or even fire Jay Powell, the chair of the central bank, has alarmed some on Wall Street. But the president ...
‘The time has come’: The Fed just sent a crucial message ... - CNN
Aug 23, 2024 · In a new survey from the New York Federal Reserve, the average expected likelihood of becoming unemployed rose to 4.4% — the highest in 10 years of recordkeeping.
Federal Reserve goes big with half-point interest rate cut ... - NBC News
Sep 18, 2024 · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell. The Fed’s decision...
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
Nov 1, 2023 · US markets jumped higher on Wednesday afternoon after the Federal Reserve announced it would keep interest rates unchanged for the second meeting in a row. The Dow soared 260 points, or 0.8%....
Dow notches longest winning streak since 1987 on Fed news and …
Jul 26, 2023 · The Dow on Wednesday notched its longest winning streak since 1987, after gaining for 13 straight days. Stocks had mostly spent the day flat, but rallied somewhat after Federal Reserve Chair...