Ron Temple, Lazard chief market strategist, discusses the Federal Reserve's dovish pivot and the market sell-off.
The benchmark interest rate helps determine loan payments for everything from credit cards to mortgages. Even after recent cuts, the Fed's interest rate remains at a historically high level of between ...
The Federal Reserve finished its two-day meeting Wednesday with an interest-rate cut. Here is a rundown of the meetings for 2025: Jan. 28-29 March 18-19 May 6-7 June 17-18 July 29-30 Sept. 16-17 Oct.
The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...
The U.S. Federal Reserve’s Open Market Committee voted 11 to 1 to cut its benchmark rate by 0.25% on Wednesday, but the ...
The Federal Reserve lowered rates for the third consecutive time but also suggested there won’t be as many interest rate cuts in the year ahead as it once planned. Chairman Jerome Powell said the cut ...
The Federal Reserve is widely expected to cut borrowing costs when it meets Wednesday, and officials could shed light on how recent economic data might affect their decisions on interest rates in the ...
Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's Dec. 17-18 meeting. But how far they will ...
A tech rally pushed the major indexes to new highs last week as the latest economic data releases did little to shake investor confidence that the Federal Reserve will cut interest rates at its ...
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 ...
and then pause at its first meeting in 2025. Tim Duy, chief economist at SGH Macro Advisors, said this expectation was solidified by comments from influential Fed Governor Christopher Waller that ...
To take advantage while they still can, then, savers should strongly consider opening a long-term CD now, before that December Fed meeting. Below, we'll explain why. Not sure if a CD's still worth ...