US Fed Rate Cut: Powell to signal fewer rate cuts in 2025 at FOMC meeting today? FOMC meeting today will also see the release of Summary of Economic Projections, which will unveil the US Fed dot plot. US Fed Meeting Latest News Today (June 18): The U.S. Federal Reserve's Federal Open Market Committee (FOMC) decided to keep interest rates steady in the range of 4.25% to 4.5% following its June ... See the latest on The Fed. From breaking news to in-depth reporting, Bloomberg tracks the full story in real time. Fed just poured $125 billion into U.S. banks over five days. October 31 saw the biggest hit — $29.4 billion in one day. Banks swapped Treasuries for cash to ease funding stress. Bank reserves are at the lowest in four years, just $2.8 trillion. Fed Chair Powell talks tough on inflation but quietly floods banks with cash — this is called "stealth easing." Markets now bet there's a 67% chance rates get cut in December. This move is huge. Crypto markets love easy money, but some experts say ...
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