The FOMC makes a decision on interest rates based on the inflation level (which is measured according to the consumer price index and consumer spendings), employments (based on the unemployment rate) and national GDP. When the above indicators improve, the Fed can raise rates. Conversely, if...
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...
as the U.S. economy was spiraling through a financial crisis that had threatened to crush the global economy. In that case, a sense of urgency over the depth of the downturn pushed the FOMC to take the rate from 1% down to a range of 0%-0.25%, where it remained for seven years. ...
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...
After a prolonged period of elevated Fed Funds rate, the FOMC commenced its easing action with a 50-bps rate cut in September 2024. Latest inflation readings, with PCE inflation falling back towards the Fed’s 2% target, provides sufficient justification for the policy rate reduction. ...
"Of course, these projections do not represent a committee decision or plan, and no one knows with any certainty where the economy will be a year or more from now," Fed Chair Jerome Powell said Wednesday afternoon at a virtual press conference. ...
The Fed's decision was aimed at fighting the surging inflation, as concerns are growing that high inflation would become entrenched. The Labor Department reported that the U.S. consumer price index (CPI) in March continued to rise at the fastest annual pace in four decades, surging 8.5 percen...
News Stream Fed Hints at Moderating Pace of Rate Cuts: FOMC Minutes Almost all Fed officials judged that upside risks to the inflation outlook had increased, due to recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy, minu...
The article reports on the decision by the U.S. Federal Reserve to finally raise interest rates. Topics covered include the federal funds rate being increased to between 0.25% and 0.5%, the minimal effect of the hike on reinsurance/insurance companies, and the expected normalisation of the U....
The Federal Open Market Committee [FOMC] said it will use its MBS investment money to buy government debt on a small scale. As expected, the Central Bank, citing “subdued” inflation, kept its benchmark interest rate at a record low level. ...