The US Federal Reserve (Fed) will announce monetary policy decisions following the December policy meeting on Wednesday. Alongside the policy statement, the US central bank will publish the revised Summary of Economic Projections (SEP), also known as the dot plot.
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Fed Meeting press conference quotes
Fed Meeting press conference: Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to questions in the post-meeting press conference.
फेड ने ब्याज दर 50 आधार अंक घटाकर 4.75%-5% कर दी
अमेरिकी फेडरल रिजर्व (Fed) ने बुधवार को घोषणा की कि उसने सितंबर की नीति बैठक के बाद नीति दर, संघीय निधि दर को 50 आधार अंकों से घटाकर 4.75%-5% की सीमा तक कर दिया है। हालांकि बाजार का पूर्वानुमान 25 बीपीएस दर कटौती का था, लेकिन 50 बीपीएस कटौती की उम्मीदें बढ़ रही थीं।
Breaking: Fed’s Powell says restoring price stability to require a restrictive policy stance for ‘some time’
US Federal Reserve (Fed) President Jerome Powell is delivering opening remarks and speaking about the policy outlook at the central bank’s annual Jackson Hole Economic Symposium, in Wyoming.
Fed hikes policy rate by 75 bps to 2.25-2.5%, as expected
The US Federal Reserve on Wednesday announced that it had lifted the policy rate, federal funds rate, by 75 bps to the range of 2.25-2.5%. This decision came in line with the market expectation.