Federal Reserve has lowered the key overnight interest rate by 0.25% to a range of 4.50%-4.75%. The Fed says the economic outlook is uncertain and […]
Tag: FOMC
FOMC Preview: November Meeting – Morgan Stanley, Trump Victory Means Fewer Fed Cuts: Nomura, Fed May Revise Assumptions in December If Republicans Gain Control of Both Congressional Chambers – Nick Timiraos
Morgan Stanley: The economy is growing strongly, but inflation is getting closer to the target, which leads the Federal Reserve to reduce the interest rate […]
US Federal Reserve Cuts Interest Rates After Four Years: A 50 bps Reduction, More Cuts Expected This Year
The US Federal Reserve has announced a reduction in interest rates for the first time since the pandemic, as widely anticipated. In a statement, the […]
U.S. Government Records $347 Billion May Budget Deficit Amid Increased Outlays and Early Benefit Payments
1. May Budget Deficit: – The U.S. government recorded a $347 billion budget deficit in May, a significant increase from the $240 billion deficit recorded […]
Federal Reserve Holds Rates Steady, Signals Only One Rate Cut in 2024 Amid Slower Inflation Decline
1. Interest Rate Decision: – The Federal Reserve has decided to hold interest rates steady at the 5.25%-5.50% range for the seventh consecutive time during […]
FOMC Holds Steady: Target Range Maintained at 5.25% – 5.50%
The FOMC has decided to keep rates unchanged, maintaining the target range at 5.25% – 5.50%. Additionally, there is no change in the interest on […]
Federal Reserve Minutes: Policymaker Debates on Economic Policy, Inflation Progress, and Future Reviews
Most Federal Reserve policymakers acknowledged the risks of lowering interest rates too quickly and stressed the importance of waiting for more data to assess if […]
Federal Reserve Chairman Powell Voices Concerns on Unsustainable Fiscal Path as U.S. National Debt Surpasses $34 Trillion
• Federal Reserve Chairman Jerome Powell expressed concern in a recent interview, stating that the U.S. is on an unsustainable fiscal path. • Powell emphasized […]
No Change in Interest Rates: Insights from Recent Federal Reserve Actions and Projections
In their recent decision, Jerome Powell and the Federal Reserve have chosen to maintain interest rates in the range of 5.25% to 5.50%, in line […]
Goldman Sachs Revises Forecast: Anticipates US Federal Reserve Rate Cut in Q3 2024, Shifting from Previous Q4 Projection
Goldman Sachs has adjusted its outlook on the United States Federal Reserve’s monetary policy, now anticipating a rate cut in the third quarter of 2024. […]
Federal Reserve FOMC Meeting Insights: A Delicate Balancing Act
The recently released minutes from the Federal Reserve’s October 31-November 1 policy meeting shed light on the unanimous agreement among participants regarding the cautious approach […]