As expected, the Fed opted to lower the federal funds target rate 25 basis points (bps) this week to a range of 3.75% to 4.00%, the second consecutive reduction this year and now marking 150 bps in cuts since September of last year. View the full report below. | The Stott/Stone/Midkiff Group - Stifel | Facebook
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As expected, the Fed opted to lower the federal funds target rate 25 ba…
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On Oct. 29, the U.S. Federal Reserve announced that it would lower the federal funds rate target range by 25 basis points to 3.75%–4%. This marks the second rate cut since September, signaling the Fed's attempt to cushion a weakening labor market. Richard Roberts, a former 20 year executive of the Federal Reserve System, pointed out during an interview that despite signs of a cooling labor market, the most significant risk of cutting rates prematurely is reigniting inflation pressures that have
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On Oct. 29, the U.S. Federal Reserve announced that it would lower the …
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