🇺🇸FED INTEREST RATE DECISION 4.25%; EST. 4.25%; PREV. 4.50%🫡 https://t.co/wuYU7ePi4w ...

The Bank of Japan is widely expected to keep its benchmark interest rate unchanged at a policy meeting Friday, leaving BOJ watchers to sift for clues as to the likelihood of a move next month or in December https://t.co/W1xpUhjErs ...

Today, the Federal Open Market Committee decided to lower our policy interest rate by a quarter percentage point. I'm at the Federal Reserve where Chair J. Powell just announced why the Federal Reserve cut interest rates by a quarter point at their meeting here this week.It was the first cut in 9 months and that comes amid signs that the labor market might have more cracks than appeared evident earlier this year. It's really the risks that we're seeing to the labor market that that uh that were the focus of ...

Brazil’s central bank held its key interest rate steady at a nearly two-decade high as above-target inflation expectations show only initial signs of coming down https://t.co/VjRSJfKSuw ...

I think there is a remarkable divergence of views at the Fed. I mean, one guy, the new guy, wants five cuts between now and year end. I think that that's a little bit disturbing for uh the inflation outlook when we think about that.It's quite possible, if not likely, that Trump is going to replace uh Jay Powell with somebody else. And based upon this action today of this five cut out way out in left field, you wonder if you're not going to be running a more inflationary policy. And so it's not surprising to ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here to take you through to the closing bell. With the global simulcast, it starts right now.Carol Massar and Stenovec in the radio booth. Welcome to our audiences across all of our bloomberg platforms here on a Fed day. A Fed day, Carol and Tim, where we got pretty much exactly what the market had expected, though, the market reaction maybe not quite what some were anticipating.Yeah, we were just spending a lot of time tal ...

Howard Schneider with Reuters. So, um, as you mentioned a minute ago, some margins of the job market would suggest that the slides already happening. Black unemployment rate in August was above 7%.Uh, declining work week, difficulty among co college graduates finding work, high rising youth unemployment. Why do you think a quarter percentage point now is going to arrest that. Well, I I hadn't say that I thought a quarter point would make a huge difference to the economy, but you got to look at the whole pat ...

My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people. While the unemployment rate remains low, it has edged up. Job gains have slowed and downside risks to employment have risen.At the same time, inflation has risen recently and remains somewhat elevated. In support of our goals and in light of the shift in the balance of risks today, the Federal Open Market Committee decided to lower our policy interes ...

25 basis point rate cut. The Federal Reserve lowering their benchmark interest rate by a quarter percentage point to a new range of four to four and a quarter percent and signaling two more rate cuts this year. The decision was not unanimous.Newly minted Fed Governor Steven Myron dissented preferring to cut by 50 basis points instead of 25. As for the breakdown for rate projections this year, nine officials seeing three rate cuts in total this year. Six officials seeing one cut, one saw no cuts, and one saw ...

Arab Gulf states, including the UAE and Saudi Arabia, followed the Fed’s first rate cut of the year, easing pressure on credit demand and housing https://t.co/9DGLifyYCd ...