The Federal Open Market Committee's next meeting is June 17-18, 2025. This is the next scheduled time that the FOMC could modify the federal funds rate. This rate, which is what commercial banks use to borrow and lend money to one another, remained unchanged from mid-2023 through mid-202...
When is the Fed meeting this week? The Federal Reserve's Open Market Committee (FOMC) met on January 30-31. The group announced its rate decision at 2 p.m. Eastern time on January 31. Chairman Jerome Powell is holding a press conference at 2:30 p.m. on Wednesday to discuss the FOMC...
In recent years, FOMC meeting minutes have been made public following the meetings. When it is reported in the news that the Fed changed interest rates, it is the result of the FOMC's regular meetings.7 During the meeting, members discuss developments in the local and global financial markets...
Of course, it’s all kept anonymous, and no one knows which official is which dot. Most Fed watchers focus on the Fed’s median dot as the Federal Open Market Committee (FOMC)’s baseline projection. On the Y-axis is the fed funds rate, and on the X-axis is the year for which ...
The members’ median projection at the FOMC’s March meeting showed the same rate decrease by year’s end. At an event on April 4, Federal Reserve Chair Jerome Powell indicated that, despite heightened concerns about a recession, the FOMC is in no rush to take action on interest rates. ...
The next Fed meeting is March 18-19 and there is almost no possibility that there will be any move by the Fed to cut interest rates," says Shmuel Shayowitz, president and chief lending officer at Approved Funding Corp. The Federal Open Market Committee (FOMC) had previously projected four ...
It is hard to talk about anything in 2022 without acknowledging inflation, which is tied into just about every big financial story this year. Today’s FOMC meeting is likely to see another 75 basis point rate hike emerge as the Fed attempts to blunt inflation’s impact...
The FOMC isn’t expected to cut rates at its next meeting in March, with only about 18% of investors pricing in a rate cut for that meeting, according to theCME FedWatch Tool.4 Mester said she expected household spending to slow down this year, and while the labor market is in better...
Meanwhile, for those looking to earn interest on their money, Certificates of Deposit (CDs) still have historically attractive rates. A CD is essentially an agreement between you and your bank. You agree to deposit your money for a fixed amount of time, and, in return, the bank guarantees ...
The Federal Reserve will likely keep interest rates steady at its upcoming meeting. However, this time around investors, will be listening even more closely than usual to any hints from Jerome Powell about where he thinks the economy is headed. President Donald Trump’s recent tariff policies and...