The Fed Policy Committee Gets Four New Voters. How They Lean on Rates.
Fed Chair Powell has signaled a slower pace of interest-rate decreases in 2025. These voters rotating in could help shape ...
Think Advisor1d
Who Will Vote on Fed Policy Next Year?
The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...
Boneparth: I'm not worried about a downgrade, but D.C.'s volatility concerns me.
Douglas Boneparth, Financial Advisor at Bone Fide Wealth, discusses the market rally driven by dovish comments from Austan ...
CNBC Daily Open: With cooler-than-expected PCE, would the Fed's dot plot have looked different?
Conditional questions are unanswerable. But in their indeterminacy, they highlight the fact that trying to time or game the ...
Was Friday's double dose of good news a turning point for the stock market?
Wall Street bulls mounted a valiant effort and pushed the stock market sharply Friday on a double dose of encouraging news.
Financial Advisor4d
Who Votes On Fed Policy Next Year Is Changing. Here's What To Know
The Fed lowered its benchmark policy rate by a quarter percentage point earlier this month, and signaled just two reductions for 2025. Chair Jerome Powell made clear the central bank is entering a new ...
BusinessWorld5d
Peso strengthens to over one-week high on BSP, Fed rate cut hopes
Chicago Federal Reserve President Austan Goolsbee said on Friday he now projects a shallower rate-cutting path in 2025 than he had previously, but added he still believes the US central bank’s policy ...
Yahoo Finance5d
Who Votes on Fed Policy Next Year Is Changing. Here’s What to Know
In 2025, Susan Collins of Boston, Alberto Musalem of St. Louis, Jeff Schmid of Kansas City and Austan Goolsbee of Chicago will rotate onto the committee. That said, non-voting officials still ...
How were so many economists wrong on whether we’d have a recession? Northern Trust’s Ryan Boyle points to 3 culprits
Recession red flags had a track record that “was never perfect, but they have really failed us during the past two years,” ...
Wall Street climbs as markets brace for possible govt shutdown
Wall Street stocks bounced higher Friday following a pullback in US Treasury yields as markets braced for a looming US ...