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Federal Reserve Leaves Interest Rate Unchanged
WASHINGTON – With the economy in “a solid position” but inflation still elevated, Federal Reserve officials announced Wednesday that their key interest rate will remain unchanged. Below is the transcript from Fed Chair Jerome Powell’s opening statement during a press conference Wednesday.
Federal Reserve officials on Wednesday collectively penciled in two quarter-point cuts to interest rates by the end of 2025, ...
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This month, it decided to keep the benchmark rate at the same range of 4.25% to 4.50%. When interest rates are high, like ...
Prior to the Fed's decision on Wednesday to keep rates unchanged in the 4.25%-4.50% target range, the probability of a rate ...
Treasury yield is inching lower as traders await the Federal Reserve's policy decision, due at 8:30 a.m. Eastern. The U.S. central bank will also release its Summary of Economic Projections, and a ...
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