Jerome Powell

The Federal Open Market Committee cut the fed funds target again in December but signaled fewer cuts in 2025. There was some dissent. The markets are watching to see if the Federal Reserve pauses its easing cycle in January. Join us at noon, Eastern, on Jan. 30 as Brian Rehling, head of global fixed-income strategy at Wells Fargo Investment Institute, recaps and parses the previous day's FOMC meeting and Fed Chair Jerome Powell's press conference.

A week ahead of inauguration day, Scott Colbert, executive vice president, director of fixed income and chief economist at Commerce Trust, takes a look at how the Federal Reserve and the economy will fare in President-elect Donald Trump's second run in the White House. Social Media Pitch: X: As we prepare for Trump 2.0, Join us live at 11 a.m. on Jan. 16 to hear Scott Colbert, executive vice president at Commerce Trust, as we discuss the economy and the Fed in a second Trump presidency. FB/LI: As we prepare for Trump 2.0, Join us live at 11 a.m. on Jan. 16 to hear Scott Colbert, executive vice president at Commerce Trust, discuss the economy and the Fed in a second Trump presidency. The relationship between Trump and Fed Chair Jerome Powell has been contentious, but Trump has backed away from suggestions he'd fire the chair.

On Wall Street, investors welcomed the Federal Reserve's decision to hold interest rates steady on Wednesday.

After holding at its last meeting, the Federal Open Market Committee may decide to raise rates again in July.

Many believe the Federal Reserve will slow down rate increases beginning in December.. Steve Friedman, senior macroeconomist at MacKay Shields, will join us the day after the meeting to discuss what was done and what he expects in the future.

The central bank’s policy-making body repeated it would maintain its bond-buying program until “substantial further progress” toward its employment and inflation goals has been made.

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.

Chairman Jerome Powell and other officials have stressed that recovery is highly dependent on the nation’s ability to better control the coronavirus.

The central bank said it “will generally not purchase shares of an ETF that are trading at a premium” of 1% above its net asset value.

Funds advised by Katie Koch, whose firm has about $1.8 trillion under supervision, are beating their benchmarks at an 80% rate in 2020.