September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds interest rate by 50 basis points to a new target range of between 4.
The Fed rate cut affects the US dollar. Should international travelers worry?
Because the rate cut has been forecast for so long, it's largely already been priced into the value of the dollar in international markets. “Exchange rates tend to adjust when a
How the Fed rate cut is playing in Florida
The Federal Reserve on Wednesday moved forward with an aggressive rate cut that’s already recalibrating how Florida politicians talk about the economy. The decision, issued 48 days before the election,
Fed Outsized Rate Cut Draws Muted Reaction, but Calm May Not Last
One reason for the muted market reaction on a close-to-close basis has to do with how asset prices moved in the days leading up to the Fed decision, said Sonu Varghese, global mac
Fed goes with half-point interest rate cut. What that means.
In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years and cheering markets that expected an emphatic move amid a softening jobs picture.
Fed moves to protect job market with big rate cut
The move, which is larger than a standard rate cut, also indicates that the central bank is growing nervous about the weakening labor market. While layoffs remain low, job opportunities have dwindled,
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Fed's July FOMC Minutes in Focus
Minutes to the most recent Federal Open Market Committee (FOMC) meeting on July 30-31 will come out at 2:00 pm ET today. Obviously, the Fed kept its 5.25-5.50% Fed funds rate it last adjusted in ...
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S&P Futures Tread Water Ahead of FOMC Meeting Minutes and U.S. Payrolls Revisions, Target Earnings on Tap
and investors adopted a cautious stance ahead of the release of the minutes from the July FOMC meeting and revisions to U.S. employment data. A stronger yen dents the profit outlook for Japan’s ...
FXStreet29d
Bitcoin and crypto markets rally after FOMC meeting Minutes release
The FOMC Minutes from its meeting held in July indicated a rate cut will happen in September. Progress on inflation and increasing unemployment provide reasons to reduce rates by 25 bps Bitcoin ...
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FOMC Minutes Likely To Show 'Balanced Tone,' But Market Counting On 25 Bps Cut Minimum In September
The Federal Open Market Committee (FOMC) releases its minutes from the July 30-31 rate policy meeting on Wednesday. Investors expect a “balanced tone” with no surprise hints as to what to ...
Investing29d
FOMC minutes 'less hawkish than feared': Evercore
Minutes from the July FOMC meeting revealed little new information and were a bit stale given the developments that happened since. However, the data was “a bit less hawkish-stale than we feared ...
Seeking Alpha29d
Several FOMC members saw a case for cutting at July meeting: Fed minutes
according to the minutes of the Federal Open Market Committee's July 30-31 meeting released on Wednesday. Recall that the FOMC kept its policy rate at 5.25%-5.50% for the eighth straight ...
FXEmpire.com29d
FOMC Minutes Show Fed Sees Significant Progress On Inflation
Participants view the current monetary policy as restrictive. PCE inflation is already near the 2% target at an annual rate. U.S. dollar tests new lows as traders react to the FOMC Minutes.
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S&P Futures Tick Higher Ahead of FOMC Meeting Minutes and U.S. Payrolls Revisions, Target Earnings on Tap
and investors adopted a cautious stance ahead of the release of the minutes from the July FOMC meeting and revisions to U.S. employment data. A stronger yen dents the profit outlook for Japan’s ...
US Fed Meeting Live Updates: Wall Street slips ahead of Powell-led FOMC verdict, Dow Jones sheds 100 points
Jerome Powell-led rate-setting panel is widely expected to reduce the policy rate for the first time in four years after ...