The U.S. central bank delivered an expected 0.25% rate cut at its September meeting. | Credit: Credit: Alex Wong/Getty Images Key Takeaways The Federal Reserve cut rates by 25 basis points to 4.00–4.25%, the first reduction since December. The move reflects the Fed’s balancing act between a slowing labor market and still-elevated inflation. Bitcoin and other assets moved slightly down after the announcement. On Wednesday, the Federal Reserve delivered its first rate cut since December, trimming th ...

Federal Reserve cutting interest rates by a quarter point as expected to a new range of four to four and a quarter percent. New Fed governor and former CEO current CE chair uh Steven Byron dissenting in favor of 50 basis point cut. The median Fed official looking for two more rate cuts this year but just barely.I'll get you details on that in a second. The statement importantly says the balance of risks have shifted. Downside risk to employment has risen.Job gains have slowed. Unemployment has edged up and ...

With your Fed decision. Here is my make. The answer to your question, John, is a quarter percentage point cut as expected.But Fed officials also see two more cuts this year in October and December, according to the new DOT plot. There was one dissent, and that is from Stephen Myron, the Trump representative on the board who wanted no cuts. This he wanted rather, to cuts this time 50 basis points next year.The committee sees only one cut so far, but the dispersion is very wide and the very bottom for next ye ...

The Federal Reserve approved a quarter-point interest rate cut Wednesday, the first in nine months, with officials judging that recent labor-market softness outweighed setbacks on inflation. ...

CONCLUDED Fed Cuts Rates by a Quarter Point, as Expected, and Sees 2 More Cuts This Year Last Updated: 4 hours ago Customer Service Fed Cuts Interest Rates by a Quarter Point, as Expected By Megan Leonhardt The Federal Reserve lowered interest rates for the first time in nine months on Wednesday, but the central bank struck a cautious approach by cutting by a quarter of a percentage point. At the conclusion of a two-day policy meeting, the Federal Open Market Committee voted to lower its target for the fede ...

America is getting a highly-anticipated interest rate change — the first cut of the year. Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will slice rates by a quarter percentage point. The call aligns with expectations: CME FedWatch projected a near-100% chance of a September policy shift in the days before the meeting.The Federal Open Market Committee cited slowing job growth as a key reason for the cut, despite inflation heating up once more. The Fed's goal is to keep emplo ...

Fed expected to cut rates for the first time this year later this afternoon. Here with us now at Post 9 is former Goldman Sachs president, current IBM vice chair Gary Conn. Gary also served as the director of the National Economic Council during President Trump's first term.Welcome back. >> Thanks for having >> great to have you, especially on a day like today. Is there scope for the market to be disappointed if if Powell isn't dovish enough to meet all their great expectations of more cuts.>> Look, there's ...

SPECIAL REPORT: Here's The Most Trusted Credit Card Company — Once Again The Federal Reserve is set to deliver its first interest-rate cut after a nine-month pause, and markets have little doubt that it will be a quarter-point move. Any surprise is likely to come from the rate cut's packaging — from the number of dissenting votes, to future interest-rate projections to the outlook Fed Chairman Jerome Powell offers at his post-meeting news conference. The Fed's policy-setting panel, the Federal Open Market C ...

央行政策调整 - 加拿大银行将政策利率降低25个基点至2.50% [2] - 降息决定基于多重因素 [2] 宏观经济数据 - 加拿大8月份消费者价格指数同比增长至1.9% [2] - 通胀率正在接近2%的目标水平 [2] - 受美国关税影响，加拿大失业率升高 [2]

DJIA jumped 271 points or 0.59%, reaching 46,029 while Nasdaq slipped 76 points or 0.34% to 22,257. S&P 500 traded at 6,603, down 3 points or 0.05% at 7:35 PM IST.Workday was among the biggest gainers, climbing 6.9% after Elliott In General Millvestment Management revealed it had acquired a stake of over $2 billion and expressed support for the company’s management. The software firm, which helps businesses manage finances and human resources, also expanded its share buyback programme to $4 billion.Meanwhil ...