Another interest rate hike could be looming. Here's what to know about the next Fed meeting (and how to get ready).
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...
The Fed has one more meeting this year, and the outcome could have a big impact on your savings.
Next Fed Meeting: What to Expect in September Federal Reserve Chair Jerome Powell and other officialshave made clearthat the central bank is prepared to start cutting interest rates. While inflation is still slightly above the Fed's 2% target, Fed officials have said that they don't need to ...
Fed Almost Certain to Keep Interest Rates Unchanged at Next Meeting.fedfed increasing interest ratesfed raising interest ratesfed reservefederal open market committeefederal reservefomchilsenrathinterest ratesjanet yellenHilsenrathJonWall Street Journal (Online)...
That might translate into mortgage rates well under 6%. Michelle Bowman, Fed governor, speaking Monday, Sept. 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...
The Fed's Raphael Bostic suggests potential pause in interest rates Raphael Bostic told The Wall Street Journal, "I am totally comfortable with skipping a meeting if the data suggests that's appropriate." Bostic, president of the Federal Reserve Bank of Atla...
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 ...
When the Fed is proactively cutting interest rates while the economy is still healthy (positive GDP, low joblessness, etc), rate cuts are ‘good.’ Those cuts breathe life back into a sluggish economy and tend to rejuvenate economic activity over the next several months. Stocks...
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...