Fed Rate Decision LIVE: Watch Jerome Powell's Address Here
US FOMC Live: Wall Street Slumps After Fed Rate Cut
The US stock market declined after the US Federal Reserve decision.
S&P 500 down 0.45%
Dow Jones down 0.36%
Nasdaq down 0.15%
Fed Rate Decision LIVE: December Rate Cut Is 'Far From' Foregone Conclusion
The Fed has not yet made any decision regarding the December policy outcome. Powell noted that there were strongly differing views during the discussion, and that the uncertainty around the December move needs to be considered going forward.
Fed Rate Decision LIVE: Risks To Inflation On Upside
Higher tariffs are already pushing up prices for certain goods, and the base case expectation is that this tariff-driven inflation will be short-lived. However, in the near term, the risks to inflation remain tilted to the upside, stated Powell.
Fed Rate Decision LIVE: Labour Market Cooling, Says Powell
The US labour market appears to be gradually cooling, while inflation remains somewhat elevated, according to recent data. Overall, the available indicators suggest that the economy continues to expand at a moderate pace, said Fed Chair Jerome Powell.
Fed Rate Decision LIVE: Dive Deeper
Catch all the details on the latest interest rate cut by the Federal Reserve here.
Fed Rate Decision LIVE: Read Full FOMC Statement
"Available indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up but remained low through August; more recent indicators are consistent with these developments. Inflation has moved up since earlier in the year and remains somewhat elevated.
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months.
In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee decided to conclude the reduction of its aggregate securities holdings on December 1. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective.
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee’s goals. The Committee’s assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments."
Fed Rate Decision LIVE: Those In Dissent
Governor Miran voted against the decision, arguing for a half-percentage-point rate cut, while Governor Schmid also dissented, preferring no change to the federal funds rate at this meeting.
Fed Rate Decision LIVE: FOMC Trims Interest Rates By 25 Bps To 3.75-4%
The US Federal Reserve FOMC has decided to cut the interest rate by 25 basis points to 3.75-4%, marking the second rate cut this year.
Fed Rate Decision LIVE: FedWatch Pins Rate Cut Probability At 97.8%
CME FedWatch pegs the possibility of a 25 bps rate cut at 97.8%, which would effectively bring the interest rate to 3.75-4%.
Fed Rate Decision LIVE: S&P 500, Dow Jones Edge Higher
The Dow Jones Industrial Average was trading 0.44% up, the S&P 500 rose 0.25%, and Nasdaq Composite was up 0.59%.
US Fed Meeting Live: What To Expect And Live Streaming Details
The US Federal Reserve is set to announce the outcome of its policy meeting at 2 p.m. EDT on Oct. 29. For viewers in India, this announcement will be available live at 11:30 p.m. on Wednesday.
Following the policy release, Fed Chair Jerome Powell will hold a press conference at 2:30 p.m. EDT, or midnight IST.
Investors, analysts, and the general public can watch Powell’s address through the US Federal Reserve’s official YouTube Channel.
The speech will also be streamed on NDTV Profit's official YouTube channel here.
US Fed Meeting Live: Gold Nears $4,000
Spot gold was trading nearly at $3,994 per ounce, a 1% advance ahead of the anticipated rate cut by the Federal Reserve.
US Fed Meeting Live: FOMC's September Decision
The US Federal Reserve cut interest rates by 25 basis points while lowering the target range to 4-4.25%. This marked the first time the Fed cut rates this year.
US Fed Meeting Live: Yields Unchanged
The yield on the benchmark 10-year US Treasuries was marginally higher at nearly 4% ahead of the Fed rate decision.
US Fed Meeting Live: How Does The Fed Implement Its Policy?
The Federal Open Market Committee is a 12-member policymaking body of the US Federal Reserve that meets several times a year to decide the stance of monetary policy. Its decisions directly influence interest rates and credit conditions, affecting spending, investment and overall economic activity across households, businesses and communities.
The FOMC sets policy to guide the economy toward its dual mandate of maximum employment and price stability. Here's a quick five-point explainer on how the rate-setting panel conducts and implements monetary policy.
US Fed Meeting Live: What Ending Balance Sheet Runoff Means For Wall Street
Brad Bernstein, managing director at UBS Private Wealth Management, told Reuters that while investors are expecting a quarter percentage point rate cut from the Fed on Wednesday, "the most important thing the market is watching for" is what the central bank "will do with its balance sheet."
According to Bernstein, the US Fed may announce an end to runoff of securities on their balance sheets. To be clear, every month, billions of dollars mature in Treasuries and mortgage-backed securities. ''They've been allowing a lot of that to runoff, reducing their balance sheet. They may announce that's going to end before the end of the year.''
US Fed Meeting Live: How Will A Rate Cut Impact D-Street?
According to Jigar Trivedi, Senior Research Analyst at Reliance Securities. markets currently “almost certain” (around 95-98% probability) expect the Fed to cut the federal funds rate by 25 basis points at the October meeting, bringing the target range to 3.75%-4.00%.
According to analysts, market expectations are very high for the cut and for multiple cuts this year; if the Fed disappoints (by cutting less or signalling fewer cuts) markets could react negatively (in equities, bonds, risk assets).
US Fed Meeting Live: What To Expect?—A Preview
The market has baked in a quarter point cut this week, bringing the federal fund rate to a range of 3.75%-4.00%. With the rate cut expected, Wall Street has turned its attention to the Fed's balance sheet management.
According to experts, a possible end this week to the US Fed's "quantitative tightening" policy may offer a boon to the US government. Most market watchers assumed quantitative tightening - letting bonds roll off the Fed's balance sheet - would continue through early 2026. However, Fed Chair Jerome Powell flagged a likely end to the whole QT process in the "coming months".
US Fed Meeting Live: Dollar Firm
The US dollar was firm ahead of the Fed rate decision. The dollar index rose 0.16% to 98.82.
The greenback was steady facing the Japanese yen, the Euro and the British Pound.
US Fed Meeting Live: Benchmark Indices Open Higher
The US stock market opened with positive momentum on Wednesday ahead of the Federal Reserve rate decision, as optimism around artificial intelligence grew on expectations that Nvidia Corp. could secure a breakthrough in China.
Minutes into the trade, the Dow Jones Industrial Average gained around 0.25%, whereas the S&P 500 jumped 0.22%, and tech-heavy Nasdaq Composite was up 0.62%.
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