Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
It was the first meeting of the FOMC since former President Donald Trump’s election victory. Policymakers have said repeatedly that the Fed is apolitical and that their calls on interest rates are driven by economic conditions.
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What to expect ahead of today’s Federal Open Market Committee (FOMC) meetingMany economists speculate about what will happen during the November 6 and 7 Federal Open Market Committee (FOMC) meeting.
FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
Bitcoin’s ( BTC) price action reached new record highs of $76,480 on Bitstamp before a modest pullback, data from ...
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor ...
The FOMC meeting today has taken a somewhat back seat to the US election this week. Of course, that was to be expected, but ...
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