rate

Fed rate decision November 2024:

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The Federal Reserve approved its second consecutive interest rate cut on Thursday, moving at a less aggressive pace than before but continuing its efforts to get monetary policy right. Following September’s big half-percentage point cut, the Federal Open Market Committee cut its benchmark overnight lending rate by a quarter of a percentage point, or 25 … Read more

Traders predict November rate cut

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The labor market will be the focus of Powell’s remarks, says DA Davidson’s Ragan Fed officials’ current view of the labor market could be one of the key takeaways from Powell’s press conference on Thursday, according to James Ragan, director of wealth management research at DA Davidson. “The biggest thing he can talk about is … Read more