The Fed has two more meetings this year. “‘If the economy performs as expected, that would mean two more [quarter-point] cuts this year,’ Powell said during a moderated discussion.
At the same time, all analysts in the poll expected the MB to opt for a modest quarter-point cut, citing the need to be cautious amid potential risks that could upset the inflation outlook.
Oct 11 (Reuters) - The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were flat last ...
Nevertheless, minutes of the meeting showed there was a preference among some officials to cut rates at a more gradual pace, possibly because the economy remains remarkably resilient even in the face ...
A "substantial majority" of Federal Reserve officials supported the half-percentage point interest rate cut at the September meeting, according to minutes of the meeting released Wednesday.
brisket is always a great cut to have on hand. Not only is Costco brisket a great value, but it is sold in its entirety, including both the point and the flat. Generally, brisket is divided and ...