U.S. Government Records $347 Billion May Budget Deficit Amid Increased Outlays and Early Benefit Payments
1. May Budget Deficit:Â Â - The U.S. government recorded a $347 billion budget deficit in May, a significant increase from...
FOMC
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...
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...
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...
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...
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...
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...
Federal Reserve FOMC Meeting Insights: A Delicate Balancing Act
Gallery Image The recently released minutes from the Federal Reserve's October 31-November 1 policy meeting shed light on the unanimous...