Fed Cuts Rate by 25bps to 4-4.25%: What’s Next?
The Fed cuts rates by 25bps to 4-4.25%, highlighting moderating growth and persistent inflation. Updated projections show GDP rising to 1.9% by 2027 and unemployment easing to 4.3%.
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The Fed cuts rates by 25bps to 4-4.25%, highlighting moderating growth and persistent inflation. Updated projections show GDP rising to 1.9% by 2027 and unemployment easing to 4.3%.
A U.S. appeals court has paused President Trump’s bid to oust Fed governor Lisa Cook, allowing her to participate in a crucial rate-setting meeting while the legal battle heads to the Supreme Court.
Fed Chair Powell warns that domestic turmoil and Trump’s trade policies may heighten US recession risks.