The Fed Chair Jerome Powell-led Federal Open Market Committee (FOMC) now foresees three rate cuts next year. Releasing the FOMC statement after its two-day ...
Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter. Job gains have moderated since earlier in ...
The Fed has acknowledged recent inflation progress, opening the door for markets to price in even more aggressive rate cuts for 2024.
The committee suggested large cuts would not come soon, with Federal Reserve chair Jerome Powell saying โongoing progress in bringing [inflation] down is not ...
The Federal Open Market Committee (FOMC) voted to hold their federal funds rate target in the 5.25 to 5.5 percent range on Tuesday.
The following is MBA SVP and Chief Economist Mike Fratantoni's commentary following the Federal Reserve's FOMC statement released this afternoon on monetary ...
The dot plot for 2024 shows end of year rate of 4.6% vs 5.1% in September.
Here are five key takeaways from the FOMC rate decision and Federal Reserve Chair Jerome Powell's press conference on Wednesday: The Fed held interest rates ...