The Federal Open Market Committee will not be reacting to the election results, at least not yet. Chair Jerome Powell said ...
The decision, coming the same week as the re-election of Donald Trump, followed an initial cut of a half point in September ...
“In the near term the election will have no effects on our policy decisions," Powell said in a press conference following a ...
"Concerns that higher tariffs will drive up inflation has prompted markets to price out some Fed rate cuts next year," said ...
If inflation resurfaces because of the incoming administration's policies, the Fed’s likely to stay its hand in lowering ...