interest rate (2)

Federal Reserve October Decision and inflation!

 

Yesterday, Mr. Jerome powell has announced interest rate cuts, The  Fed cut its Fed funds target rate 25 base points to 1.50% to 1.75%, and gave its point of view about the US economy and expectations, so what is the role of the federal reserve, why this decision has been made, why inflation is main issue to Fed?

The Federal Reserve was founded in 1913, and it is the central bank of the US, the general role of this bank is to monitor and do any adju

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What did FED do yesterday?

March 15th, 2017, Wednesday, was an interesting day:

For couple of reasons:

First, the Consumer Price Index (CPI) figures were announced by the Bureau of Labor Statistics (BLS). BLS announces the CPI on a monthly basis. The percentage change in the CPI from one month to another is called monthly inflation. The CPI moved up by 0.1% in February (from January). The annual inflation – the movement from month to the same month in the previous year - came in at 2.7%.

Second, the Federal Reserve Ban

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