Today's Fed Meeting The Federal Reserve’s policy-making committee voted to keep thebenchmark interest rate steadyat the conclusion of their meeting on Wednesday. Officials’ collective forecast for interest rates now implies onlyone quarter-point cutby the end of 2024, a significant shift from ...
"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." "[March is] probably not the most ...
"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...
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. ...
The Federal Reserveannounced that it’s holding interest rates steadyfollowing its Jan. 28-29 meeting, leaving the federal funds rate at a target range of 4.25 to 4.5 percent. It’s the first time that the central bank decided to stand pat on rates since it began lowering rates in Septembe...
will show increased reticence to ease monetary policy. Today’s meeting is also about the path forward as the Fed begins in-depth discussions about reducing its balance sheet, or quantitative tightening. The funding market signals the Fed still has time todetermineexactly how and when to do ...
stocks ticked to more records Monday ahead of a week with several top-tier reports on inflation due, as well as the Federal Reserve’s latest meeting on interest rates. The Standard & Poor’s 500 index rose 13.80 points, or 0.3%, to 5,360.79 and topped its...
“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 as the time to do that,” Fed Chair Jerome Powell said of possible cuts at the Fed’s January meeting. ...
Today, economists and analysts continue to digest all the information from the Federal Reserve's decision Wednesday. A slew of data was released on jobs and housing.