pushing the fed funds rate to its highest level in more than 22 years. There was uncertainty, though, about how ambitious the FOMC might be regarding policy easing. Following the release of the decision, the Dow Jones Industrial Average jumped more than 400 points,surpassing...
The Federal Reserve (Fed) deliberates on monetary policy and makes a decision on interest rates at eight pre-scheduled meetings per year. It has tw...
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
All eyes on Wall Street were watching the Federal Reserve today as the central bank wrapped up its Federal Open Market Committee (FOMC) meetings for the month. So what did the Federal Reserve do today? And what was the Fed interest rate decision for March 2022?
Fed Official: China a Big Factor in Interest Rate DecisionA key Federal Reserve policymaker said Monday that he didn'tfavor raising interest rates at the...Lawler, Joseph
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more hike before the end of the year and fewer cuts than previously indicated next year. That final increase, if realized, would do it for this cycle, according to projec...
It's unlikely that information on its own will drive the Fed's rate decision as credit conditions do take a back seat to other factors. Those include policymakers' increasing confidence that inflation, at 2.1% year-over-year in September by the Fed's targeted measure, will ...
The Bank of England predicts inflation will fall to 2% between April and June, about 18 months earlier than previous forecasts, according to economic projections published alongside the rate decision. However, it is then expected to start rising “somewhat” toward...
FED Interest Rate Decision is made on a predetermined date during the vote among the members of the Federal Open Market Committee (FOMC) concerning the Federal Reserve short-term interest rates to be
Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February.