Jerome Powell

US Fed to Resume Easing Monetary Policy by June, Says Jefferies ‘Greed & Fear’ Report

The US Federal Reserve is likely to ease monetary policy rates by June, Jefferies said in its latest 'Greed and Fear' report, with a rider that though the rate cut could be earlier if the data and market action are bad enough. "Money markets are currently expecting 64 basis points...

Federal Reserve Holds Interest Rates Steady, Stocks Rally On Prospect of Cuts

In a widely anticipated decision, the Federal Reserve opted on Wednesday to keep its benchmark interest rates unchanged, while signaling potential reductions later this year. The Federal Open Market Committee (FOMC) held its key borrowing rate in the 4.25%-4.5% range, where it has remained since December. Financial markets had priced...