Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of ...
Rich Clarida, PIMCO global economic advisor, joins 'Closing Bell' to discuss his expectations from Fed Chair Powell at the ...
After Wednesday's election euphoria, investors are sobering up. Stock futures are modestly higher, a day after Donald Trump's election victory powered major U.S. indexes to all-time highs.
The previous 23-year high remained stagnant since July 2023 until September's meeting, marking the new range of 4.75% to 5%. "The (Fed) has gained greater confidence that inflation is moving ...
It marks the second time the Fed’s lowered rates this year in its continued focus on getting the inflation rate closer to an average 2%. December's meeting is expected to bring with it another ...
At the Federal Reserve's November meeting, which wrapped up just two days ... markets shows investors are putting a 63% chance on the Fed cutting interest rates by another 0.25 percentage point ...
The FOMC is expected to cut the Fed funds rate by 25 basis points, a move heavily anticipated by the market. See if election ...
Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.
Investors will be listening closely Thursday afternoon to comments from Fed Chair Jerome Powell at his traditional ...
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