A quarter-point cut is widely expected, but a combination of strong economic data and President-elect Donald J. Trump’s ...
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
It now stands at 4.35 percent, up from around 3.8 percent at the start of October. But hang on. Isn’t the Fed cutting ...
The Federal Reserve is poised to lower its benchmark rate by a quarter-percentage point Thursday, following its half-point ...
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