The last Federal Reserve meeting of both the calendar year and President Joe Biden's presidency concluded today with the central bank cutting rates by a quarter-percentage point. What's more up in ...
Investopedia / Photo Composite by Alice Morgan / Getty Images Welcome to Investopedia's live blog of the Federal Reserve's December meeting. Here, we will bring you the latest news on the Fed's ...
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next ...
The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin ...
President Joe Biden will deliver remarks on Friday’s December jobs report at 5 p.m. Eastern. Unemployment fell from 4.2% to 4.1% in December, with 256,000 jobs added, blowing expectations out of the ...
This is the last policy meeting for the Federal Reserve, led by Chair Jerome Powell, before President-elect Donald Trump takes office. (Richard Drew/Associated Press) The central bank is widely ...
The Federal Reserve meets for its first two-day rate-setting session of 2025 on Tuesday, January 28, and Wednesday, January 29, 2025. At the end of its Federal Open Market Committee session on ...
Could the Federal Reserve be done cutting rates already? Some on Wall Street certainly think so. Market-implied odds that there will be no further rate cuts in 2025 have been climbing, and were given ...
Australian stock futures point to modest opening losses, global bond yields steady before US CPI data. Oil retreats. Follow updates here.
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...