Powell Says Solid Economy Allows Fed to Consider Rate Cuts …
10 hours ago · The central bank has lowered interest rates by 0.75-point since September. Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...
A $7 Trillion and Growing Cash Pile Defies Wall Street Skeptics
4 hours ago · A $7 Trillion and Growing Cash Pile Defies Wall Street Skeptics. It was supposed to be the year of the great money-market exodus. Between Federal Reserve interest-rate cuts and the rally in stocks ...
Wall Street ends mixed while inflation data keeps Fed rate-cut …
1 day ago · A Labor Department report showed the consumer price index (CPI) rose 0.2% in October on a monthly basis, compared with estimates of a 0.2% increase, according to economists polled by Reuters. It ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
1 day ago · The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on ...
Federal Reserve issues FOMC statement
Nov 7, 2024 · News & Events; Press Releases; Press Release PDF. November 07, 2024. Federal Reserve issues FOMC statement. For release at 2:00 p.m. EST ... Board of Governors of the Federal Reserve System. 20th Street and Constitution Avenue N.W., Washington, DC 20551 ...
Federal Reserve unveils toned-down banking regulations in ... - NBC News
Sep 10, 2024 · A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital that the largest institutions will be forced...
How Has the Fed’s Outlook Changed? Here’s What to Watch Today
Mar 20, 2024 · For investors, the big question hanging over this week’s meeting of the Federal Reserve is whether it will wait a little longer to cut interest rates because of recent, firm inflation readings.
Federal Reserve News Fed Raises Rates Amid Banking Turmoil
Mar 22, 2023 · The Federal Reserve raised interest rates by a quarter-point, the ninth increase in a year, as it balances the long-running fight against inflation with the sudden tumult in banking.
Federal Reserve News Fed Takes Aggressive Action in Inflation …
Jun 15, 2022 · The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling...
September 20, 2023 Federal Reserve meeting, Jerome Powell says ... - CNN
Sep 20, 2023 · Wall Street investors sold off stocks after Fed Chair Jerome Powell suggested the US economy was not out of the woods, and a recession remained a possibility. The central bank last raised rates...