American voters will be on the edge of their seats, eagerly awaiting polling results of the 2024 presidential election race between Vice President Kamala Harris and former President Donald Trump. The ...
At the September FOMCmeeting, the Fed cut the federal funds rate by 50 basis points to a range of 4.75% to 5.00%. This marks the first rate cut since March 2020. The Committee reiterated a strong ...
At these FOMCmeetings, the committee also sets the federal funds target rate cited in its dual mandate. Called the Fed rate, this rate is the benchmark that influences what U.S. banks charge to ...