(For 2025, the median end-of-year projection is now 3.4%, down from 4.1%.) Source: “Summary of Economic Projections,” by the Board of Governors of the Federal Reserve System, September 18, 2024.
The Fed delivered in line with expectations, sending stocks to record territory, but not all have become comfortable with the outlook.
In honor of National POW/MIA Recognition Day, the United States of America flag and the Commonwealth of Massachusetts flag ...
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
Gov. Eric Holcomb is directing the flags in Lake and Newton counties be lowered to half-staff Friday to honor two community ...
LOS ANGELES (KABC) -- Temperatures are staying cool in Southern California on Thursday but the weekend will bring a warmup even as the first official day of fall arrives. Los Angeles and Orange ...