The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
What time is the Federal Reserve meeting?: Here's what to know about a possible interest rate cut
When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will announce the first cut to its main interest rate in more than four years. It would be a momentous event,
Fed meeting is highly anticipated. It is expected to bring about the first rate cut after a series of hikes and pauses.
It’s unusual for the market to be so divided over the likely outcome of a Federal Reserve meeting this close to the central ...
In its post-meeting statement, the Federal Reserve said it was lowering the target range "in light of the progress on inflation and the balance of risks," acknowledging it's "gained greater ...
We also cover whether savings account rates will drop soon. Compare Today's Banking Offers Overview of Federal Reserve meetings The purpose of FOMC meetings is for the Committee to assess ...
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President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 ...
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