Federal Reserve Chair Jerome Powell highlighted the need for sustained inflation reduction before considering additional interest rate cuts, adjusting the projected rate cuts for 2...
Fed Chair Jerome Powell stated that despite a year-long reduction in interest rates by 100 basis points, the central bank's monetary policy remains restrictive. Powell made these r...
Fed Chair Jerome Powell states the recent interest rate cut was a close call but the right decision, citing easing labor market, declining inflation, and balanced risks.
The Federal Reserve cuts the federal funds rate by 25 basis points to 4.25%-4.50%, citing economic expansion and progress towards inflation targets, while acknowledging employment ...
Federal Reserve Board members and bank presidents estimate the federal funds rate to be 4.4% by the end of 2024, indicating potential impacts on the economy.
US housing starts declined 1.8% in November, but single-family housing starts increased. Building permits and completions showed mixed results, with permits up month-on-month but d...
The Swiss National Bank projects a 1% GDP growth for 2024, acknowledging global uncertainties as main risks but anticipating a moderate expansion supported by a more accommodative ...
Experts anticipate the Federal Reserve will announce a third consecutive 25bps rate cut, influenced by recent inflation rise, economic activity growth estimates, and labor market s...
