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The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do

The last decade has shown us that the Fed clings to a bias very much in favor of ramming down interest rates again and again. This is what happened in the ten years of near-zero rates that followed the 2008 financial crisis. ....

Jerome Powell , Federal Reserve , Market Committee , Federal Open Market Committee , Fed Chair Jerome Powell , Wall Street , Economic Projections , June Summary , Fed Forced Rates , Ultra Low Levels , Very Long , First Sign , Rates Will Head Down , Dot Com Bust , Great Recession ,

Higher and higher

Higher and higher
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

Bangko Sentral , Jerome Powell , Eli Remolona , Federal Reserve , Fed Chair Jerome Powell , June Summary , Economic Projections , Monetary Board ,

GBP/USD halts decline ahead of Fed and BoE's decisions, traders eye UK CPI

The British Pound (GBP) halts last week’s fall against the buck (USD) and prints minuscule gains vs. the latter despite rising US Treasury bond yields ....

United Kingdom , Jerome Powell , Federal Reserve , Bank Rate , British Pound , Federal Funds Rate , June Summary , Economic Projections , Consumer Price Index , Fed Chair Jerome Powell , Moving Averages ,