Fed Chair Jerome Powell answers reporters' questions at a news conference in Washington, D.C., Wednesday.
Economists said they are more confident the Fed is committed to rate cuts next year following its decision Wednesday to keep rates at their current level.
The Federal Open Market Committee decided to leave the Federal Funds Rate in the 5.25% to 5.5% range – the third meeting it has left rates alone since it last raised rates 25 basis points in July.
Curt Long Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
