Economics in a nutshell: “The labor market continued to improve, with solid job gains and declining unemployment.”

BING NEWS:
  • US Fed Meeting Outcome: FOMC Decision on Interest Rates
    The Federal Reserve concluded its final policy meeting of 2024 with a closely watched decision on interest rates. Kicking off on December 17, the two-day meeting culminated in a December 18 press ...
    12/18/2024 - 1:52 pm | View Link
  • Fed Meeting News Today: FOMC Cuts Again, Sees Just 2 More in 2025
    Follow live coverage of the Fed's December FOMC meeting, interest-rate decision, 2025 economic projections, and chair Jerome Powell's speech today.
    12/18/2024 - 9:13 am | View Link
  • Read the December FOMC Statement
    Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved ...
    12/18/2024 - 6:16 am | View Link
  • FOMC now sees fed funds rate going no lower than 3%
    The Fed tweaked its long-run target for its benchmark interest rate to 3% from 2.9%, marking the first time it’s hit 3% since 2018. That’s what the Fed considers the “neutral rate of interest - one ...
    12/18/2024 - 6:12 am | View Link
  • The Fed expected to cut rates by 25 bp in today’s FOMC meeting
    A December 18 update from Singaporean digital asset firm QCP Group revealed that the Fed might announce a 25-basis-point interest rate cut during the last Fed meeting of the year. The rate cut during ...
    12/18/2024 - 4:38 am | View Link
  • More

 

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