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.
Another interest rate hike could be looming. Here's what to know about the next Fed meeting (and how to get ready).
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 ...
The economy is in good shape, he told the group, meeting in Nashville. And bigger cuts did not appear to be warranted, he said. Wall Street sold off on the news. Raphael Bostic, president of the Atlanta Federal Reserve Bank. He sees rates coming down half a point ...
Federal Reserve officials significantly lowered their year-end interest-rate forecast in their quarterly Summary of Economic Projections, with the median forecast predicting a total of a percentage point of cuts in 2024. That’s a...
WASHINGTON, Aug. 10 (Xinhua) -- Most American economists expect the Federal Reserve to raise interest rates once more in December and begin unwinding its 4.5 trillion U.S. dollars balance sheet in September, according to a survey conducted by the Wall Street Journal on Thursday. ...
The U.S. Federal Reserve holds its next meeting in less than a week. And considering the state of our nation’s economy, we’re extremely confident that means interest rate cuts are coming in just a few days. Coincidentally, that also means a major rally on Wall Street i...
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 ...
Powell's comments, following the Fed's latest interest-rate setting meeting, provided investors with some clarity on just how much longer the Fed plans to keep pumping liquidity into U.S. money markets and lifting the level of bank reserves. It has been doing both since last fall in respons...