Joseph Sternberg wonders what the Federal Reserve is thinking (“Does the Fed Even Know What It’s Trying to Do?” Political Economics, Dec. 20). The problem is that the Fed believes it knows what it is doing, even when it is off the mark. Fake ...
The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve has signaled that the rate cuts will slow down as business leaders say inflation is not coming down enough.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year.
Part of the sell-off was catalyzed by Wednesday’s news that the Federal Reserve would not hold bitcoin in its reserve, prompting the world’s largest cryptocurrency to dip by 7%. "We’re not allowed to own bitcoin,” Federal Reserve chair Jerome ...
The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.
Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.
Here’s how the Fed’s latest move will impact your borrowing costs
The Federal Reserve's policy committee kicked off its two-day meeting Tuesday amid expectations the central bank will cut interest rates for the third straight time. Here's what you need to know.
The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and rate cuts. Economists expect that the average prediction will be three rate cuts in 2025, fewer than were expected when they last published their expectations in September.
Last week, the Federal Reserve reduced interest rates by 0.25 percentage points, marking the third consecutive rate cut. The move was largely expected, but what I find interesting are the
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