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Tag: FOMC

US Fed Cuts Interest Rates by 25 bps, Says 'Election To Have No Impact on Policy Decisions'

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 made aggressive start to its first easing campaign, cut interest rates by 50 bps

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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