Fed Cuts Interest Rates Again
The Federal Reserve System on Thursday, November 7, decided to cut interest rates for the second time in the current year.
The Federal Reserve System on Thursday, November 7, decided to cut interest rates for the second time in the current year.
Federal Reserve Chairman Jerome Powell said that the central bank of the United States will once again cut interest rates over time and noted that currently, the US economy as a whole remains on solid footing.
According to media reports, during the period of high interest rates in the United States, local banks collectively managed to earn $1 trillion.
Federal Reserve Governor Christopher Waller on Friday, September 20, during a conversation with media representatives, said that this week at a meeting of the central bank of the United States on monetary policy, he supported the decision to cut interest rates by a half percentage point rate, since the currently observed rate of decline in […]
The Federal Reserve System on Wednesday, September 18, decided to cut its benchmark interest rate by a half percentage point.
Atlanta Federal Reserve President Raphael Bostic last Wednesday, September 4, announced his readiness to cut interest rates and separately noted that he does not perceive as an obstacle to appropriate action the fact that currently, the inflation gauge is higher than the target of the central bank of the United States.
Federal Reserve Chairman Jerome Powell on Friday, August 23, formulated what can be called a rhetorical and, in a sense, the ideological semantic platform for easing monetary policy in the United States, which means that the moment is approaching when the financial regulator of this country will decide on cutting interest rates.
Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.
The media reports that the chairman of the Federal Reserve System, Jerome Powell, took part in a closed meeting with bank executives and urged them to cooperate with the financial regulator of the United States to avoid years of litigation over the proposal of the administration of US President Joe Biden on capital.
Federal Reserve Bank of Atlanta President Raphael Bostic said that he needs a little more data to support the decision to ease the monetary policy of the United States financial regulator, which implies cutting interest rates.
A sharp slowdown in the pace of the dynamic of the growth in the labor market in the United States has provoked rumors that the Federal Reserve may begin to soften its monetary policy strategy, providing for cutting interest rates, even before its September policy meeting.
The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.
Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.
Federal Reserve Chairman Jerome Powell said last Monday, July 15, that three inflation readings in the United States for the second quarter of the current year to a certain extent contribute to strengthening confidence that the growth rate of the cost of goods and services is on a trajectory of a gradual return to the […]
The Chairman of the Federal Reserve System, Jerome Powell, on Tuesday, July 9, expressed concern that keeping interest rates at a high level for too long could pose a threat to the growth of the United States economy.
Over the past few years, the main danger to the condition of the United States economic system has been inflation, but over time the list of unfavorable facts of reality has expanded, adding a new threat.
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.