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Fed lowers rates while other central banks hold steady
And if the Fed keeps cutting rates while other central banks don’t? Rogoff said investment will flow to the highest bidder. “Capital markets are global. So, the money’s going to move to where the rate of return looks good,” he said. The European Central Bank is likely to hold rates steady going forward.
Gold holds steady after Fed rate cut decision; silver hits new high
By Sarah Qureshi Dec 11 (Reuters) - Gold held steady on Thursday, after the U.S. Federal Reserve voted to lower borrowing costs by a quarter-percentage point but signaled a pause in further interest rate cuts,
Federal Reserve holds median rate path steady in December dot plot
The Federal Reserve made no changes to its median interest-rate projections, with a quarter-point reduction still penciled in for next year, according to the Summary of Economic Projections published on Wednesday.
Federal Reserve Chair Powell to deliver US interest rate decision
Wall Street widely expects a quarter point cut though the Federal Reserve board has less data to work with because of the recent US government shutdown.
Asset Securitization Report
Fed to adopt wait and see approach on interest rates
Fed Chair Jerome Powell, speaking at a press conference after the December FOMC meeting, said the central bank is holding interest rates steady until it gets more clarity on the economy.
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