The Federal Reserve said it would initiate in October its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis and left open the possibility of raising short-term interest rates by December.

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Topics:  federal reserve   october   december   plan   rate   
BING NEWS:
  • Fed rate cut lowers interest rates to near zero—but how much are you really saving on your credit card debt?
    For instance, say you have a $6,000 balance on a card with a 15.24% APR and you plan to make $200 monthly payments until your debt is paid off. At that rate, your payoff plan would look like this ...
    05/1/2024 - 4:44 am | View Link
  • Bets on Rate Cuts This Year Are Fading Away
    Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago. Average monthly effective Fed funds rate based on futures contract prices.
    04/25/2024 - 3:08 pm | View Link
  • The Dream of Fed Rate Cuts Is Slipping Away
    Federal Reserve Chair Jerome Powell signaled that first-quarter inflation data has raised uncertainty over when and if lower interest rates would come later this year. Photo: Samuel Corum ...
    04/25/2024 - 9:41 am | View Link
  • Fed rate cut around election would be 'complicated': Economist
    Citi experts are still standing firm on their call for a rate cut to come as early as June or July. Inflation has remained persistent in 2024 while labor market data has been resilient ...
    04/23/2024 - 8:07 pm | View Link
  • A rate cut this year would be Fed's 'biggest mistake': Analyst
    But as you stated earlier, I think a rate cut, although, it will be perceived as bullish, initially, and you'll see the markets more than likely rip on that news, I think that's the biggest ...
    04/18/2024 - 12:51 am | View Link
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