Federal Reserve cuts key rate
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The Fed is almost certain to cut its key interest rate on Wednesday, but the shutdown has cut off critical hiring and inflation data used to make their decision. Here’s what to know about the meeting.
Key Takeaways The Federal Reserve is expected to cut interest rates to a range of 3.75%–4%, but officials remain divided and cautious amid unclear economic data.Analysts anticipate the Fed will soon end its quantitative tightening program,
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US stocks rise toward records as Wall Street waits for an announcement from the Federal Reserve
U.S. stocks are hanging around their records as Wall Street waits to hear from the Federal Reserve about interest rates.
The Trump administration has named five finalists for the next Federal Reserve chair, including two with ties to Kentucky.
Key Takeaways The Federal Reserve is expected to cut interest rates to a range of 3.75%–4%, but officials remain divided and cautious amid unclear economic data.Analysts anticipate the Fed will soon end its quantitative tightening program,