The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...
With President Donald Trump using any means to force the Federal Reserve to pump up the money supply, that institution and that variable remain the focus of news. That certainly will remain over the ...
The Federal Reserve said Wednesday it's keeping its benchmark interest rate unchanged, citing elevated uncertainty over the nation's economic outlook. The decision to hold rates steady marks a ...
ATLANTA, Ga. — A metro Atlanta economics professor is weighing in on the Federal Reserve’s decision to retain its benchmark interest rate for the fourth consecutive time. Kennesaw State University ...
On paper, Kevin Hassett looks like a conventional pick. He has a phd in economics, several top-tier publications to his name, decades in Washington and even a previous stint at the Federal Reserve.