Summary As widely expected, the FOMC cut the target range for the federal funds rate by 25 bps at today’s meeting. However, one Committee member, who preferred to keep rates on hold, dissented. Wording in the post-meeting statement was changed to signal that further easing may proceed at a slower pace. The median dot for […]
The post FOMC Cuts Rates, but Pace of Easing Ahead Likely Will Slow appeared first on Action Forex.
Early boarding is an airline perk granted to passengers who have either booked a higher fare class or earned status through frequent travel. The same goes for gaining seat upgrades and having the option to change one’s Read more…
Despite spending years being compared to domestic contemporaries like Toyota (TM) and Honda (HMC) , Japanese automaker Nissan (NSANY) is turning a new page, though not precisely for good or for the better. These days, it Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. The Federal Reserve lowered its key interest rates by a quarter of a percentage point. The Read more…