Here are the five key takeaways from this week’s Fed meeting

Here are the five key takeaways from this week’s Fed meeting


Key Points
  • Federal Reserve policymakers kept their key interest rate at a range of 3.5% to 3.75% at the conclusion of their March meeting.
  • At his press conference, Fed Chair Jerome Powell faced questions about the oil price shock since the Iran war.
  • The Fed’s dot plot suggests a rate cut could be in the cards for 2026, plus one more in the following year.



Source

Fed still expects to cut rates once this year despite spiking oil prices
Finance

Fed still expects to cut rates once this year despite spiking oil prices

Key Points The Federal Reserve’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate at the end of 2026, the same as what it had projected at the end of last year. However, a closer look at the overall dot plot showed the balance of projections moved toward fewer reductions. […]

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Here’s what changed in the new Fed statement
Finance

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]

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Finance

Stocks making the biggest moves midday: Williams-Sonoma, Micron, Macy’s, SL Green & more

Check out the companies making the biggest moves midday: Williams-Sonoma — The home goods and furniture seller rose 6% on better-than-expected earnings. Williams-Sonoma earned $3.04 per share, beating an LSEG estimate of $2.90 per share. The company also raised its quarterly dividend by 15%. nVent Electric – The maker of electronics cabinets and cooling systems […]

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