-
Federal Reserve on Inflation Watch, but Interest Rate Cuts Still Ahead
As widely expected, the Federal Reserve kept rates unchanged at today’s meeting. The main event at today’s meeting was the release of new economic projections from FOMC participants, which sheds light on the committee’s decisions in future meetings. The previously published projections came in March 2025, before the shocking tariff developments in April. The federal-funds rate has been maintained in the target range of 4.25%-4.50% since it was cut by 1 percentage point from September to December 2024. The rate had been at a 5.25%-5.50% range from July 2023 to September 2024—which, having risen from nearly 0% ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @LiveSquawk|Jun 19, 2025SNB’s Tschudin: Swiss Economy Grew Strongly In Q1, Mainly Due To Exports To US Being Brought Forward - Expects Swiss Economic Growth To Slow, And Be Subdued In Rest Of 2025 - Economic Outlook For Switzerland Uncertain, Developments Abroad Are Main Risk SNB’s Tschudin: Sees Negative Money-Market Rates From Tomorrow
From @LiveSquawk|Jun 19, 2025SNB Chairman Schlegel: With Today's Cut We Are Countering Lower Inflationary Pressure Inflationary Pressure Has Decreased - Negative Rates Were Important Instrument In The Past - We Are Aware Of Undesirable Effect Of Negative Interest Rates SNB Chairman Schlegel: We Would Not Take The Decision To Go Negative Lightly - Interest Rate Cut Driven By Lower Inflation - Negative Rates Have Challenges - We Can Never Exclude Any Measures On Interest Rates SNB Chairman Schlegel: We Believe Growth Will Be Dampened In Rest Of Year Because Of High Level Of Uncertainty - We Have Seen A Clear Decline In Inflation, But We Must Not React A Single Data Point - We Look At Medium Term
From snb.ch|Jun 19, 2025Ladies and gentlemen On behalf of the Governing Board, it is my pleasure as Chairman to welcome you to the SNB’s news conference. Petra Tschudin and I will begin by explaining the ...
-
- Newer Stories
From morningstar.com|Jun 19, 2025High passive ownership in MicroStrategy presents a risk to the stock Many investors are getting exposure to bitcoin whether they want to or not. New research from JPMorgan finds ...
From dailyforex.com|Jun 19, 2025Bitcoin price pulled back in the past few days as investors book profits. The BTC/USD dropped from a high of 110,480 on June 9 to the current 103,500, its lowest point since June ...
From bankofengland.co.uk|Jun 19, 2025|12 commentsThe Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term ...
