FOMC


2024-11-08

[News] FOMC Summary: Fed Rate Cut by 25 Basis Point, Shift Policy Stance to Neutral

The U.S. Federal Reserve announced a 25 bps rate cut to 4.5%-4.75% at its monetary policy meeting on November 7, aligning with market expectations. In its statement, the Fed removed the phrase "job gain have slow" and replaced it with "Since earlier in the year, labor market conditions have gener...

2024-08-05

[News] The U.S. Unemployment Rate Rises Again to 4.3% in July, Heightening Recession Fears in the Market

The U.S. Bureau of Labor Statistics released the July employment report on August 2, indicating that the unemployment rate increased to 4.3% from 4.1% in June. Although the unemployment rate remains near historical lows and close to the natural rate of unemployment, it has been rising for four con...

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