Kate Davidson

2 months ago | bloomberg.com | Kate Davidson

The Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: Al Drago/BloombergHow easy or hard was it to use Bloomberg.com today? Share feedbackHave a confidential tip for our reporters?

Nov 7, 2024 | bloomberg.com | Kate Davidson

Here are key takeaways from the Federal Reserve's interest-rate decision on Thursday: Federal Open Market Committee votes unanimously to lower benchmark rate by 25 basis points to target range of 4.5%-4.75% Fed tweaks language to note “labor market conditions have generally eased,” and repeats “the unemployment rate has moved up but remains low” Statement removes reference to “further” inflation progress, noting inflation “has made progress toward the committee's 2% objective but remains...

Sep 18, 2024 | bloomberg.com | Kate Davidson

Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday: Federal Open Market Committee votes 11 to 1 to lower benchmark rate by 50 basis points to target range of 4.75%-5.0%, the first rate cut in more than four years Fed Governor Michelle Bowman votes against decision in favor of a smaller, quarter-point cut, the first such dissent since June 2022 and the first time a Fed governor has dissented since September 2005 “Dot plot” of rate projections shows the median...

Jul 31, 2024 | bloomberg.com | Kate Davidson

Here are key takeaways from the Federal Reserve’s interest-rate decision on Wednesday:For Bloomberg’s TOPLive blog on the Fed decision and press conference, click here

Jul 3, 2024 | bloomberg.com | Kate Davidson

Here are the key takeaways from minutes of the Federal Reserve's June 11-12 meeting, released Wednesday: Officials did not expect it would appropriate to lower borrowing costs until “additional information had emerged to give them greater confidence” that inflation was moving toward their 2% goal The “vast majority” of Fed officials assessed that economic growth “appeared to be gradually cooling, and most participants remarked that they viewed the current policy stance as restrictive”...