Federal Reserve Announcement

The Federal Reserve today cut its benchmark interest rate for the first time in four years, starting with an aggressive 50 basis points move to 4.75 %.

Oil soared to fresh record highs in New York, Wall Street soared on the news as well, at last look the Dow Jones surged almost 340 to almost 13740…

Federal Reserve News Articles - MarketWatch offers federal reserve news articles. Learn the latest US fed news at our site. Working within the Federal Reserve System, the New York Fed implements monetary policy, supervises and regulates financial institutions and helps maintain the nation's payment systems. "HISTORICAL BEGINNINGS . . . . THE " Secrets of the and the London Connection by Eustace Mullins Tags: secrets, federal, reserve, apfn, Who Is Jerome Powell? Donald U.S. President Donald Trump looks on as his handpicked nominee for the chairman of the , Jerome Powell, speaks during a press event in the Rose Garden at the White House. The Open Market mittee (FOMC), a mittee within the System (the Fed), is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of

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