"It really is to ensure that the process of shrinking the balance sheet down to where we want to get it is a smooth one and doesn't wind up with financial market turmoil the way it did the last time we did this, and the only other time we've ever done this," he said. — Miche...
"The question of when will it be become appropriate to begin dialing back the amount of policy restraint in place that begins to come into view, and is clearly a discussion topic of discussion out in the world and also of discussion for us at our meeting reading today," Powell said. "I...
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of economic projections, and Chairman Jerome Powell's news conference today.
LIVE UPDATES | CONCLUDED FOMC Keeps Rates Steady, Projects Just One Cut This Year Follow live coverage of the June policy meeting and Chairman Jerome Powell's press conference. Last Updated: June 14, 2024 at 4:58 AM EDTToday's Fed Meeting The Federal Reserve’s policy-making committee voted...
Americans are bearing the financial burden of higher costs forevery type of loan, from mortgages to credit cards, after two years of interest rate hikes by the Federal Reserve. With the central bank meeting today, economists and consumers alike have one question on their minds: When will the...
When is the Fed meeting this week? The Federal Reserve's Open Market Committee announced its decision at 2 p.m. Eastern time. Fed Chair Jerome Powell will speak at a press conference at 2:30 p.m. to outline the central bank's economic outlook and answer questions about its decision. ...
Today’s the day: The Federal Reserve is about to announce what it decided to do with interest rates at its November meeting. We already know what the Fed is likely to do: Cut interest rates by a quarter of a percentage point. The move would bring the keybenchmark borrowing ratethat im...
Lots of Fed chatter today. Most of it points toward quantitative easing, but with a caveat: In general, we are getting a rehash of already stated views, views that should have pointed in the direction of QE3 at the last meeting. First, San Francisco Fe
"Based on the meeting today, I would tell you that I don't think it's likely that the committee will reach a level of confidence by the time of the March meeting to identify March is the time to do that," he said. "But that's to be seen." ...