Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
It was the first meeting of the FOMC since former President Donald Trump’s election victory. Policymakers have said repeatedly that the Fed is apolitical and that their calls on interest rates are driven by economic conditions.
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Why the Fed Won’t Be in a Hurry to Cut Rates Next YearInterest-rate futures pricing on Thursday implied a roughly three-to-one likelihood of a quarter-point decrease in the ...
FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
As anticipated, the Fed cut interest rates by another quarter point. This sets the current interest rate in a range between ...
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year ...
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor ...
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