WASHINGTON - The Federal Reserve on Wednesday left its short-term fed funds rate unchanged as expected, but it cut the rate it pays on excess bank reserves to 2.35% from 2.4%. The reduction in the rate on excess reserves was aimed at ensuring the fed funds rate stayed "well within" the central bank's target range of 2.25% to 2.5%. The vote was unanimous. The Fed also sounded a more upbeat note on the economy and noted a recent decline in inflation.
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Slowing inflation may lead Fed to cut interest rates: KudlowSlowing inflation may lead the Federal Reserve to cut interest rates, White Hous... This administration is artificially boosting the economy, consumer spending is down and the boost in defense spending accounts for growth...an increase in gas should be an indicator of a pending recession... Slowing? Have you looked at gas prices lately? Food prices? Tariffs are artificially inflating prices. Ha. Few people have any money. Fewer are getting raises. Companies can’t raise prices because sales are off to begin with. Sounds more like failing economy than slowing inflation
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Trump intensifies calls on Fed to cut interest ratesDonald Trump urged the Federal Reserve to lower interest rates, renewing his long-running campaign against the central bank, which he claims has hindered economic growth What the hell is wrong with this guy?! The federal reserve is neither federally owned, nor has a 'reserve' You mean this Donald Trump?
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Fed likely to ignore Trump's call to cut interest ratesThe U.S. Federal Reserve, leaning back against pressure from President Donald Trump to slash interest rates, is expected to leave borrowing costs unchanged on Wednesday as it maintains a 'patient' monetary policy stance amid strong economic growth. Trump, who has accused the U.S. central bank
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J.P. Morgan, Morgan Stanley see U.S. Fed may cut interest on reserves next weekThe Federal Reserve may lower the interest it pays on excess reserves banks leav... Fait accompli Nope
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The White House probably won’t be happy with the Fed's interest rate decisionThe Federal Reserve is expected to leave borrowing costs unchanged at the end of a two-day policy meeting Wednesday even as the White House steps up pressure to lower them.
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White House economic advisor Larry Kudlow says Fed should still cut rates despite 3.2% GDP growthThe U.S. economy is off to its best start to a year since 2015 and White House economic adviser Larry Kudlow believes it means the Federal Reserve should cut interest rates. Kudlow the Klown. Working for Donnie the Dufus.
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Fed done raising rates; cut by end-2020 growing more likely: Reuters pollThe U.S. Federal Reserve is done raising interest rates until at least the end o...
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Why it would be bizarre for the Fed to cut rates nowThe American economy is accelerating and the stock market is sitting at record highs. Yet some in Washington are still calling on the Federal Reserve to speed up the economy by slashing interest rates. ThanksObama for handing off a strong economy to Trump. Got the economy to the goal line and Trump wants credit for scoring the touchdown. Wow... Obama’s economy is doing great! Oh wait... 🙄 when the 1% of the wealthy control 40% of the market it has nothing to do with a good economy, it's called market manipulation and when it finally topples it is going to get ugly!
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Russian central bank holds key rate, signals future cutsRussia's central bank held its key interest rate at 7.75 percent on Friday in line with market expectations, but said it could consider cutting rates as early as June.
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Analysis | The Fed is expected to hold rates steady. Here’s what that means for you.Interest rates are currently frozen just shy of 2.5 percent and the Fed doesn’t have any plans to change that rate any time soon. It means the rich are still going to get richer while the poor are expected to prop them up.
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