Federal Reserve chairman Jerome Powell announced an interest rate cut of 0.25% Wednesday, confirming analysts’ expectations of a cut amid softening inflation, a strong consumer economy and an uncertain international trade outlook.
Federal Reserve System
Fed Minutes: No Rate Moves are Coming ‘for Some Time’ Even if the Economy Improves
Gold Silver Reports (GSR) – Federal Reserve officials remained firmly committed to a “patient” policy stance at their meeting earlier this month, saying rates likely will remain unchanged well into the future.
Donald Trump Fed pick Stephen Moore Tried to be Funny About His Wife
The proposal by President Donald Trump to put conservative economic pundit Stephen Moore on the Federal Reserve board hit a stumbling block weeks ago with the disclosure of his contentious divorce and a federal tax lien, which came on the heels of criticism of his nomination by a range of economists.
US Fed ‘Patient’ on Further Rate Hike: FOMC Minutes
The latest minutes of the US Federal Reserve (Fed) monetary policy meeting showed that the central bank was still “patient” on further rate hikes.
Video News – Fed Leaves Interest Rates Unchanged, Signals no Increases this Year 2019
✅ The announcement comes three months after the central bank said two hikes would be appropriate in 2019.
Fed’s Williams Says New Economic Outlook Necessary For Rate Hikes
New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now, and sees no need to raise them again unless growth or inflation shift to an unexpectedly higher gear.
Fed Hikes Rate, Lowers 2019 Projection to 2 Increases
Gold Silve Reports (GSR) – As markets had expected, the central bank took the target range for its benchmark funds rate to 2.25 percent to 2.5 percent.
Federal Reserve will Meet this Week to Talk Monetary Policy
Gold Silver Reports (GSR ) – That has drawn the ire of major critic Dr. Ron Paul, former Texas congressman and advocate of smaller government, free trade and freer markets.
Wall Street’s view on Trump’s talk of firing Fed Chair Jerome Powell: ‘Utter madness’
President D. Trump’s growing dissatisfaction with Federal Reserve Chairman Jerome Powell could be veering into dangerous territory. With the Fed embarked on a campaign to tighten monetary policy, the president has repeatedly attacked Powell, reportedly fearful that a volatile market – and the attendant possibility of an economic downturn – could endanger his reelection prospects.
Fed Points to December rate hike but is worried about Tariffs and Debt
Minutes released Thursday from the Nov. 7-8 meeting of the Federal Open Market Committee, which sets interest rates, pointed toward the strong likelihood of another quarter-point adjustment in the central bank’s benchmark rate target next month.