PBS News Hour delivers the reliable ... Watch Powell’s remarks in the player above. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice ...
The Federal Reserve cut its policy rate by 25 basis points, or a quarter of a percentage point, and signaled a much slower pace of cuts in 2025. The Fed penciled in 50 basis points of cuts in 2025 in ...
The Fed lowered its benchmark policy rate by 25 basis points to the 4.25% to 4.50% range, with officials signaling they would likely pause future rate cuts next year given a stable labor market ...
Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal ...
On November 20, Fed Governor Michelle Bowman delivered a speech discussing the Fed’s dual mandate of maximum employment and price stability, noting the inherent challenges in balancing these ...
Fed chairman Jerome Powell said Wednesday. In what was the third rate cut of the year since the first cut in September, Fed members now appear to be easing away from a deep rate cut cycle ...
The S&P 500 (SP500) on Tuesday notched a whopping +23.3% advance for 2024, posting gains in nine out of twelve months. Read more here for a breakdown of its annual performance.
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