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Edit Update. Stocks hold steady as Fed’s rate cut arrives. Stocks largely remained unchanged Thursday afternoon after the Fed announced a 25-basis-point interest rate cut.
A reporter listens as U.S. Federal Reserve Chair Jerome Powell answers a question during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy ...
The Federal Reserve begins its two-day rate-setting session today, and economists are expecting the Fed will lower its benchmark interest rate by another quarter-point cut to a range of 4.25% to 4 ...
At the conclusion of its first rate-setting policy meeting of the year, on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50% ...
Year-on-year inflation bottomed at 5% in December 1976 before moving higher once again. Paul Volcker was chosen as Fed Chairman in 1979 in order to deal with the challenge of high inflation. In a rare Saturday press conference on October 6, 1979, [6] Paul Volcker's federal reserve increased the Fed Funds rate from 11% to 12%. [7]
Best CD rates today: Lock in guaranteed APYs of up to 4.35% this weekend before next week's Fed meeting — Jan. 24, 2025 Yahia Barakah Updated January 24, 2025 at 8:24 AM
The following is a list of past and present members of the Board of Governors of the Federal Reserve System. A governor serves for a fourteen-year term after appointment and a member who serves a full term may not be reappointed; when a governor completes an unexpired portion of a term, they may be reappointed.
This is a list of individuals serving in the United States House of Representatives (as of January 20, 2025, the 119th Congress). [1] The membership of the House comprises 435 seats for representatives from the 50 states, apportioned by population, as well as six seats for non-voting delegates from U.S. territories and the District of Columbia.