by Andrew Moran | Sep 19, 2024 | Articles, Business News, Opinion
For the first time since the onset of the coronavirus pandemic, the Federal Reserve has cut interest rates. It was not a tepid 25-basis-point reduction that many economists and market watchers had expected heading into the September Federal Open Market Committee...
by Andrew Moran | Dec 21, 2023 | Articles, Business News, Good Reads, Opinion
In the Super Bowl of Economics, the Federal Reserve hosted its final Federal Open Market Committee (FOMC) policy meeting of 2023. Like Super Bowl LI, the powwow of central bankers did not disappoint. While officials left interest rates unchanged at a range of 5.25%...
by Andrew Moran | Nov 5, 2023 | Articles, Business News, Good Reads, Opinion
Well, that was an uneventful Federal Reserve policy meeting. The Federal Open Market Committee (FOMC) completed its two-day November powwow, leaving interest rates unchanged at a range of 5.25% and 5.5%. The financial markets widely anticipated the decision to hit the...
by Andrew Moran | Nov 5, 2022 | Articles, Business News, Good Reads, Opinion
Investors experienced every emotion possible during Federal Reserve Chair Jerome Powell’s post-Federal Open Market Committee (FOMC) press conference. At first, the financial markets cheered after observers noticed two words: “cumulative” and “lags,” which suggest an...
by Andrew Moran | Oct 9, 2019 | Articles, Business News, Economic Affairs News, Politics
By now, it is clear that the first ten people or the last ten listed in the Yellow Pages would have a better clue on monetary policy than the current suits at the Federal Reserve. This means Aaron A. Aaronson or Zya Zion Zuriel could oversee interest rates and the...
