Follow live coverage of the Fed's December FOMC meeting, interest-rate decision, 2025 economic projections, and chair Jerome ...
But the holiday-shortened week will still give Wall Street a chance to parse through the Fed's expectations for next year's ...
The Fed is widely expected to trim rates at the end of its December meeting. Investors are focused on policymakers’ economic projections and the path forward.
Vincent Reinhart, Dreyfus and Mellon chief economist, joins 'Money Movers' to discuss the week's economic data doesn't mean ...
The Federal Reserve is overwhelmingly expected to cut interest rates at the end of its meeting today. Fed Chair Jerome Powell is scheduled to speak shortly thereafter. Follow along for live updates on ...
At the conclusion of its eighth and final rate-setting policy meeting of 2024 on December 18, 2024, the Federal Reserve announced ... Producer Price Index News Release summary, U.S. Bureau of ...
Fed officials had thought their preferred inflation gauge, the Personal Consumption Expenditures price index, would be 2.1% by the end of 2025 at September’s monetary policy meeting ... “The good news ...
He's also worked at U.S. 1, Community News Service ... from a meeting in early November, did little to change the impression in financial markets that the Fed is likely to cut its benchmark ...
The meeting summary contained multiple statements indicating that officials are comfortable with the pace of inflation, even though by most measures it remains above the Fed's 2% goal. With that ...
Yet the data was not likely to signal a material shift in labor market conditions that would cause the Fed to rethink its rate trajectory at its Dec 17-18 meeting. However, data on consumer ...