US stocks broadly fell after Powell’s remarks. As the Fed looks toward continuing its rate-cutting cycle, the proposed policies of President-elect Donald Trump could eventually bring some ...
Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: The slide comes after Powell signaled the Fed is in no rush to cut interest rates while the US economy remains on solid ...
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When the Fed concludes its policy meeting on Thursday, most economists expect the Fed to trim its short-term benchmark fed funds rate by a quarter percentage point to between 4.50% to 4.75%.
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told Yahoo Finance that inflation data was the key focus for the central ...
The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of ...
Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards ...
But going forward Fed policymakers must contend with a big new unknown: a second Trump presidential term. The quarter-percentage-point reduction in the Fed's benchmark rate was expected.
Market watchers are eyeing the Fed's last meeting of the year in early December. Futures traders generally expect another quarter-percentage-point cut at that meeting and the Fed's next moves ...
But there was one aspect of Trump’s return to the White House that he was willing to leave as a mystery: How Trump’s proposed economic policies might affect the Fed’s expectations for a ...