Watch live: Jerome Powell announces decision on rate cuts
Federal Reserve Chairman Jerome Powell is announcing the board’s decision on whether it will cut interest rates. The announcement is slated to begin at 2:30 p.m. TRUMP SAYS HE KNOWS ‘WHO HE’S GOING TO PICK’ FOR FED CHAIRMAN After months of pressure from President Donald Trump,
Powell signals FOMC may pause on rate cuts: press conference
"The balance of risks has shifted" toward the labor market since the Federal Open Market Committee last met in October, Federal Reserve Chair Jerome Powell said in his post-FOMC decision on Wednesday.
A divided Fed cuts interest rates again, as concerns about the job market outweigh fears of tariff-fueled inflation
The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars.
Powell says rates close to neutral, well positioned to wait for data
Federal Reserve Chair Jerome Powell said the three rate cuts this year have put the central bank's benchmark interest rate closer to a "neutral" level, meaning it is neither boosting nor holding back the economy.
Fed Meeting: FOMC Will Cut Rates. Pay Attention to the Dot Plot.
Follow live coverage of the Federal Reserve's December interest rate decision; the Summary of Economic Projections, or dot plot; and Chair Jerome Powell's press conference.
Fed guaranteed to cut interest rates? Polymarket, Kalshi bettors expect nearly 100% chance as Jerome Powell takes center stage
Cryptocurrency bettors are almost certain that the Federal Reserve will enact a quarter-point interest rate cut at the end of its December meeting on Wednesday. Prediction Markets Give A Thumbs Up The odds of a 25 basis-point cut stood at 97% on the decentralized prediction platform Polymarket,
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