The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Ridgewood NJ, on Wednesday, the Federal Reserve announced its third consecutive interest rate cut, reducing its key rate by 0.25 percentage points. This adjustment brings the federal funds rate back to a range of 4.25% to 4.5%, levels not seen since December 2022. While the decision aligns with market expectations, it comes with a cautious outlook on future rate cuts.
Continue reading FED Cuts, Suggest Slower Pace , Market Tanks
the staff of the Ridgewood blog
Washington Dc, the Federal Reserve announced another steep interest rate hike Wednesday, ramping up its efforts to bring inflation down from four-decade highs.
the staff of the Ridgewood blog
Washington DC, the Federal Reserve kept its interest rates range at near-zero levels Wednesday but hinted at future tightening and balance sheet realignment. The Fed signaled a slow and steady approach to surging inflation.