The Federal Reserve ... two-day meeting with a policy statement and Chair Jerome Powell's press conference. No one expected the central bank to bring rates down from a 23-year high, and if ...

The Fed’s decision lowers its benchmark short-term rate to a range of 4.75% to 5% from a 23-year high of 5.25% to ... of high borrowing costs. From June through August, average monthly job ...

Previous projections from June showed that the Fed preferred a fed funds rate in a target range of 4-4.25 percent by the time ...

The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 ...

Officials at the US central bank have left interest rates at a 23-year high ... At a press conference after the meeting, Fed Chairman Jerome Powell said policymakers did not expect to cut rates ...

Fed watchers ... FOMC's June projections, and the higher prints at the start of the year increasingly look more like residual seasonality than reacceleration. A key theme of the meeting will ...

The Federal Reserve made the widely expected move of leaving interest rates at a 23-year high on Wednesday ... its regularly scheduled two-day policy meeting by keeping the short-term federal ...

18, 2024, the Federal Reserve cut rates ... 2025 May 6-7, 2025 June 17-18, 2025 July 29-30, 2025 Sept. 16-17, 2025 Oct. 28-29, 2025 Dec 9-10, 2025 On Oct. 23, 2024, the CME Group's FedWatch ...

after previously predicting in June that inflation would only progress to a rate of 2.6% by December. The Fed’s official inflation barometer, the personal consumption expenditures, or PCE ...

That’s a big reason the Fed kept interest rates at a 23-year high until recently ... it’s still well below its recent peak of over 7% in June 2022. The definition of maximum employment ...

Our baseline remains that the Fed will likely ... level in 23 years over the course of 2022 and 2023 to combat surging inflation, which reached a 40-year high of 9.1% in June 2022.