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Fed makes a large rate cut and forecasts more to come
Fed 'dot plot' suggests central bank will slash interest rates two more times in 2024 after mega 50 basis point cut
The Federal Reserve signaled Wednesday it would lower interest rates two more times this year after it slashed its benchmark federal funds rate by 50 basis points to a range of 4.75%-5.0% at the conclusion of its meeting on Wednesday.
Fed Meeting Today: Central Bank Cuts Interest Rates in Half-Point Move
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of economic projections, and Chairman Jerome Powell's news conference today.
Indonesia's central bank delivers surprise rate cut
Indonesia's central bank surprised markets by delivering its first rate cut in more than three years on Wednesday, moving to bolster growth in Southeast Asia's largest economy ahead of the start of an expected easing cycle in the United States.
7h
on MSN
Fed's Powell: Central bank forecasts don't point to urgent action
Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't ...
14h
Azeri Central Bank Considers Dollar Sales as COP29 Drives Demand
Azerbaijan’s central bank said it’s considering the resumption of dollar sales as preparations for UN climate talks in the ...
1d
Jerome Powell appears set to sidestep politics even as he oversees a likely central bank rate cut
Jerome Powell is set to take plenty of incoming political fire from both sides this week. That appears to be just fine with ...
Barron's
14h
The Fed Isn't the Only Central Bank Making Moves. Japan's Yen Jumps Ahead of BoJ Decision.
While markets are on edge on a historic Federal Reserve decision day, another
central
bank
could also have a massive impact on stocks this week. The
Bank
of Japan's September meeting ends on ...
In Depth
2d
on MSN
In Depth
Analysis: Lebanon's ex-Central Bank chief behind bars; judiciary, authorities under scrutiny
Riad Salameh, Lebanon's former Central Bank governor who stepped down last year, has become the first high-ranking official ...
1d
Ireland Needs to Build 52,000 Homes Per Year, Central Bank Warns
Ireland could need to complete around 52,000 new homes each year until 2050 to house the country’s growing population, ...
The Gazette
7d
Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed
FRANKFURT, Germany (AP) — With inflation subsiding, the European
Central
Bank
cut interest rates again on Thursday to ...
15h
on MSN
Czech president to appoint economist Seidler to central bank board, report says
The Czech president will pick economist Jakub Seidler to the Czech National Bank (CNB) board to replace outgoing member Tomas ...
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Fed
Indonesia
inflation
Jerome H. Powell
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