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Tag: FOMC

FOMC

Fed signals rate hikes are unlikely and announces reduction in balance sheet runoff pace

May 2, 2024 / Money Sukh /
The Federal Open Market Committee (FOMC) kept rates unchanged for a sixth straight meeting, with Federal Reserve Chair Jerome Powell signaling that rate cuts are unlikely to occur soon as
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Global-scenario-looks-sluggish-rate-cuts-ahead

Global scenario looks sluggish, rate cuts ahead

January 8, 2024 / Learn Team /
The central bankers are in a precarious position to respond excessively or insufficiently where the circumstances require. However, during the most recent meeting of the Federal Reserve Open Market Committee
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Fed holds rates steady, indicates three cuts coming in 2024

Fed holds rates steady, indicates three cuts coming in 2024

December 14, 2023 / Learn Team /
The Federal Reserve held the fed funds rate unchanged for the third time in December 2023, with the interest rate standing at 5.25%–5.5%, citing strong economic activity, moderate job gains,
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