Another interest rate hike could be looming. Here's what to know about the next Fed meeting (and how to get ready).
"I think the case for raising interest rates at our next meeting is coming together," Powell told the Senate Committee on Banking, Housing and Urban Affairs in a hearing to confirm him as the next Fed chief after current Chair Janet Yellen steps down. What a Jerome Powell Fed could look ...
No, the Fed once again held interest rates steady at 5.25%-5.50% during its July, 2024 FOMC meeting.12Rates have been steady at this level for a year, since July 2023. How Many Rate Hikes Were There in 2023? There were four rate increases in 2023, occurring at the February, March,...
On Wednesday, Chicago Fed leader Charles Evans said the central bank could hold off on raising rates at the September meeting and instead begin winding down its balance sheet. The Fed in June raised the benchmark interest rates for the fourth time since December 2015 and unveiled a plan to t...
The open questions for Wednesday's meeting are how the Fed will balance those two priorities in its future rate cut plans and what Fed chair Jerome Powell will say about the outlook in a post-meeting press conference. While the rate moves next week are all but set in stone, future cuts...
Gregory Daco, chief economist at EY-Parthenon, and Brian Weinstein, Morgan Stanley Investment Management head of global markets, join 'The Exchange' to discuss their expectations for the Fed next week, their interest rate forecast for 2025, and more.
Wall Street foresees the Fedlowering its benchmark interest rate by another 25 basis pointson Wednesday, following atwo-day policy meeting. Fed Chair Jerome Powell has taken pains while at the helm of the central bank since 2018 not to surpris...
Komal SriKumar
30, at the Georgia Bankers Association meeting in Charleston, S.C. Bowman was the one dissenter in the Fed's Sept. 18 rate decision. She objected to the half-point cut, thinking it was too big and could generate new inflation pressures. She did support a rate cut,...
The Federal Reserve officials are set to convene in Washington, D.C., for their December Federal Open Market Committee (FOMC) meeting next week, with investors anticipating central bank officials to cut interest rates by 25 basis points. However, the future trajectory of monetary policy remains ...