The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and ...
“The dots are not a great forecaster of future rate moves,” Federal Reserve Chairman Jerome Powell has warned, but every quarter the financial universe ponders the FOMC’s dot plot as though it were a ...
The Fed's projections show the median member expected another half percentage point of cuts in 2025. One member called for ...