The Federal Reserve announced Wednesday that it is maintaining its benchmark interest rate in a range between 5.25% and 5.5%, where it has stood since July as part of the central bank’s effort to reduce inflation. In a statement, the Federal Open Market Committee said the economy has been solid in recent months, with strong job growth and falling inflation. “The committee judges that the risks to achieving its employment and inflation goals are moving into better balance,” it said. The improveme
The US Dollar (USD) is falling back to being nearly flat ahead of the US opening bell, after it initially popped higher on the back of the first rate decision from the US Federal Reserve and commentary from the US Federal Reserve Chairman Jerome
Hold the champagne: Markets may be hoping for an end to Fed's rate hike cycle, but that may not be the case - Opinion News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Trump and His Allies Are Starting To Face Accountability for Their Plot To Overturn the 2020 Presidential Election americanprogress.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanprogress.org Daily Mail and Mail on Sunday newspapers.
There’s a limit to how silly professional investors can look, and having lost huge amounts of money on their bond portfolios, they are hesitant to buy more.