This is a news story, published by CNBC, that relates primarily to Jerome Powell news.
For more Jerome Powell news, you can click here:
more Jerome Powell newsFor more interest rates news, you can click here:
more interest rates newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
Federal Reserve. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest future rate cuts news, fed funds rate news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Federal Open Market CommitteeCNBC
•
84% Informative
The Federal Reserve likely will stick to the business at hand when it wraps up its meeting Thursday with another interest rate cut.
Financial markets are pricing in a near-certainty that the central bank's Federal Open Market Committee will lower its benchmark borrowing cost by a quarter percentage point.
The focus will turn to what's ahead for Chair Jerome Powell and his Fed colleagues as they navigate a shifting economy.
"They've been happy to just kind of leave that percolating in the background and they probably continue to do that," English said. "But there's going to be a lot of interest over the next few meetings. At what point do they make a further adjustment to the pace of runoffs?".
VR Score
91
Informative language
93
Neutral language
49
Article tone
semi-formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
no affiliate links