The Fed Funds rate remains unchanged at 5.25-5.50% for the seventh consecutive meeting. June Summary of Economic Projections shows significant upward adjustments in inflation and Fed Funds rate ...
WASHINGTON (Reuters) - Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three months ago, faster ...
The Fed is forecasting economic growth and falling unemployment, yet it is cutting interest rates—something usually seen in recessions. U.S. stocks hit a record high yesterday, and some Wall Street ...
The Federal Reserve is set to wrap up 2024 with its last Federal Open Market Committee (FOMC) meeting on Wednesday, delivering what's expected to be its third consecutive interest rate cut.