News list for "lineup"

The Fed's rate-setting committee lineup is about to be replaced, and at the same time, renewed inflation concerns have complicated the central bank's decision-making. The Federal Reserve cut its benchmark policy rate by 25 basis points earlier this month and hinted that it will only cut rates twice in 2025. Chairperson Powell made it clear that the central bank is entering a new phase in which future rate cuts are likely to be more gradual and depend on lower inflation. Except for seven Fed gove...

2024-12-23 18:44:19