The U.S. Federal Reserve Chairman gave his strongest indication yet that the central bank is poised to begin cutting its benchmark interest rate in September.
Powell: Fed is Ready to Start Rate Cuts Read More »
‘Economic activity expanded at a strong pace in the third quarter,’ the central bank said in a statement Nov. 1.
Citing ‘Strong’ Economy, Fed Leaves Rates Unchanged Read More »
Projections showed the central bank would raise rates to a median 5.6% by the end of the year — up from the current range of 5.25% to 5.5%.
Fed Skips Hike but Says it May Raise Rates Again this Year Read More »
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