Fed Chair Jerome Powell said while the Federal Reserve's policy rate is likely at or near its peak in this tightening cycle, he would not rule out another rate hike. "We are prepared to tighten policy further if appropriate," he said at the post-meeting press conference. In fact, the c...
The Federal Reserve's recent statements have indicated that central bankers want "greater confidence" that inflation is falling toward 2%. It is not quite clear what exactly that would entail, but the Fed is not there yet, according to Chair Jerome Powell. "So far this year, the data have ...
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 central bank start cutting rates?
Fed meeting today on Chase-Chemical merger.(Federal Reserve Board, Chase Manhattan Corp., Chemical Banking Corp.)(Brief Article)Fox, Justin
Today (April 15th) the Australian Federal Reserve (hereinafter referred to as the "Australian Federal Reserve") released a summary of the latest monetary policy meeting, saying that the current exchange rate level is still too high, and the latest wave of gains is not conducive to economic grow...
"No one is declaring victory. That would be premature. And we can't be guaranteed of this progress," Powell said. "So, we're moving carefully in making that assessment of whether we need to do more or not." On the latest policy meeting in December, the U.S. Federal Reserve left in...
Your high-yield savings interest rate could change after the next Federal Reserve meeting. Getty Images Saving money is a pillar of almost any financial plan. Putting money aside for the future not only helps to set yourself up for when you are done working, but it also gives you access ...
The US Federal Reserve (Fed) cut interest rates to near zero on Sunday in another emergency move to help shore up the US economy amid the rapidlyescalatingcoronavirus pandemic. 美国联邦储备委员会(美联储)15日再度紧急降息,从而在新冠肺炎大流行快速蔓延之际,为美国经济提供支撑。
Which leads us to the policy event of the week, the Federal Reserve meeting schedule for Tuesday and Wednesday. The subsequent statement will have to address the improving economic data without setting expectations that a rate hike is imminent, or even under consideration for early next year as ...
Investors have been anticipating a potential rate cut or the beginning of a rate-cutting cycle at the March meeting, but Federal Reserve Chair Powellexpressed skepticismabout that timing Wednesday afternoon. "Based on the meeting today, I would tell you that I don't think it's likely that the...