The December rate cut was expected. But the Fed also reduced the number of expected rate cuts for 2025.
On Thursday, Fed Chair Jerome Powell wouldn’t rule out an interest rate hike next year, though that’s not the plan at this point.
An invitation-only chance to get up close and personal with Chair Jerome Powell.
The insulation of the Central Bank from political headwinds helps the U.S. economy run.
But some former central bank officials think the Fed’s risking a recession.
Powell is paying close attention to “final sales,” a narrower measure than GDP itself that focuses on private sector demand.
Don’t let the tranquil tone and technical language fool you — the stakes at the Federal Reserve are higher than anything in Westeros.
He says there’s likely to be a rate cut this year, but he won’t say when.
We asked economists to give us a word of the year for 2023 that summed up the zeitgeist for monetary policy.
Could be good, could be bad.