Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
Fed Officials See Significantly More Interest-Rate Cuts in 2024
Federal Reserve officials now forecast their benchmark interest rate will decline by a total of a percentage point in 2024, a bit less easing than markets were anticipating but significantly more cuts than policymakers saw as most likely three months earlier.
Federal Reserve officials significantly lowered their year-end interest-rate forecast in their quarterly Summary of Economic Projections, with the median forecast predicting a total of a percentage ...
Ahead of the blackout period, which started Sept. 7, comments from Fed officials indicated they are more likely to trim their benchmark interest rate by a quarter percentage point. That would mean a ...
When there’s something that clearly is a failure, the go-to is always, ‘Well, let’s just throw more money, more people at it, ...
A government investigation into Atlanta Federal Reserve President Raphael Bostic's securities trades and investments has found he violated several of the central bank's ethics policies WASHINGTON ...
Local and state officials reacted following the second attempted assassination of former President Donald Trump on Sunday.
The Department of Labor said it found Humberto Castaneda Produce in violation of paying 23 workers with agricultural visas ...
Officials suspended permits after finding that 98% of EJE Dredging Service’s loads of dredged materials were removed outside ...
Idaho officials are taking steps to strengthen the state’s election security. At a press conference on Wednesday morning, ...
Michelle Bowman, a governor on the Federal Reserve Board, became the first Fed official since 2005 to vote against the ...
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