Is it time for the Fed to act? After months of looking for signs that inflation has sufficiently cooled, the Federal Reserve may be on the cusp of finally seeing what it needs to start reducing interest rates. Following the Federal Open Market Committee’s (FOMC) mid-June meeting, Federal Reserve Chair Jerome Powell announced that the...Read More

Will it soon be time to take action?   Today is Fed Day, the day that the Federal Open Market Committee (FOMC) releases its update on its interest rate outlook. Earlier this afternoon, officials moved closer to lowering interest rates from their two-decade high by signaling the likelihood of a September rate cut.  The US...Read More