Tag: Federal Reserve Bank
September 2024 Federal Reserve Meeting: Fed Cuts Rates by Half Point
The Federal Reserve took action on Wednesday by cutting Interest rates for the first time since the early stages of the Covid pandemic. The half a percentage point reduction in
DetailDallas Fed’s former head calls for 0.5% interest rate cut
Former Dallas Fed President Robert Kaplan believes that a half percentage point interest rate cut at the upcoming Federal Reserve meeting would be the optimal move. Kaplan stated that a
DetailWhat to anticipate from the release of the Fed’s favored inflation measure on Friday
Federal Reserve officials are set to receive the latest update on their preferred Inflation measure on Friday, which could impact the upcoming rate decision in September. The Commerce Department is
DetailWhat to Expect in Friday’s August Jobs Report: A Complete Analysis
Wall Street is preparing for a significant economic report set to be released by the Labor Department, which could heavily influence Federal Reserve policy moving forward. The consensus among analysts
DetailFed Governor Waller Supports Interest Rate Cut at September Meeting, Open to Further Reductions
Federal Reserve Governor Christopher Waller expressed support for an interest rate cut at the upcoming Central bank policy meeting, indicating a willingness for a substantial reduction if necessary. In prepared
DetailKey Inflation Reports to Influence Fed’s Rate Cut Decision
The Federal Reserve will receive its final Inflation data this week before deciding on a potential interest rate cut. The Labor Department will release the consumer price index and producer
DetailCPI Inflation Report for August 2024: Key Updates and Analysis
Inflation in August reached its lowest level since February 2021, as reported by the Labor Department on Wednesday. The consumer price index rose by 0.2% for the month, aligning with
Detail