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Today’s the day: The Federal Reserve is about to announce what it decided to do with interest rates at its November meeting. We already know what the Fed is likely to do: Cut interest rates by a ...
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 ...
MORE: Trump 2nd term live updates: Federal financial aid freeze causes confusion, alarm The Fed retreated in its fight against inflation over the final months of last year, lowering interest rates ...
Powell, who is expected to serve out the rest of his term, indicated late last year that the Fed will likely reduce rates more slowly in 2025 amid a “new phase.” While 2024 saw…
The next Federal Reserve meeting will be held from Nov. 6 through 7. Your wallet, explained. Sign up for USA TODAY's Daily Money newsletter. Federal Reserve 2024 Meeting Schedule. Jan. 30–31 ...
Friday’s report came in a day after the government reported a better-than-expected 2.9% gain in gross domestic product for the fourth quarter, boosting hopes that the Federal Reserve may head ...
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
Fed officials will also release forecasts for unemployment, inflation, and the economic outlook at the conclusion of their meeting. Powell will hold a press conference at 2:30 p.m. ET.