Bank of America (BAC) has revised its outlook on the Federal Reserve’s interest rate decisions, stating it no longer expects further rate cuts. In fact, […]
Tag: FOMC
Biggest Banks Prepare to Sue Federal Reserve Over Annual Stress Tests and Capital Requirements
The largest banks in the U.S. are planning to take legal action against the Federal Reserve over its annual stress tests, which assess their ability […]
Fed Cuts Interest Rates by 25 Basis Points, Signals Cautious Approach on Future Rate Hikes
U.S. Federal Reserve has reduced interest rates by 25 basis points (0.25%), bringing them down to a range of 4.25% to 4.50%. This marks a […]
Federal Reserve Set to Announce 0.25% Rate Cut, but Fewer Cuts Expected Next Year
The Federal Reserve is expected to reduce its key interest rate by 0.25% this week, but they may signal caution about making further cuts in […]
Federal Reserve Cuts Interest Rate by 0.25% and Signals Balanced Economic Risks
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 […]
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 […]
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 […]
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 […]
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 […]