Tag: Federal Open Market Committee
Fed minutes show many saw a stronger rate-cut case
WASHINGTON – Federal Reserve officials judged uncertainties and downside risks to the outlook for the United States economy had increased significantly when they gathered...
Fed minutes signal patience on rate moves for ‘some time’
NEW YORK – Federal Reserve officials judged at their latest meeting that their patient approach to interest-rate changes would be appropriate “for some time,”...
Fed sees no 2019 hike, plans Sept. end to asset drawdown
NEW YORK - Federal Reserve officials scaled back their projected interest-rate increases this year to zero and said they would end the drawdown of...
Fed stands pat on interest rates ahead of expected Dec. hike
NEW YORK - The Federal Reserve left interest rates unchanged and stayed on course to hike in December as strong economic growth, higher tariffs...
Fed raises rates and says more coming, brushing off Trump jabs
NEW YORK - Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into...
Fed raises rates; Officials lift outlook to four 2018 hikes
NEW YORK – Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in...
Fed raises rates, steepens path of hikes as outlook strengthens
NEW YORK - Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a...
Fed’s Dudley worries tax cuts risk overheating U.S. economy
NEW YORK - The risk of an overheating U.S. economy in the next few years, partly fueled by tax cuts, reinforces the case for continued gradual...
Fed to shrink assets next month, boost rates by year-end
NEW YORK - Federal Reserve officials set an October start for shrinking their $4.5 trillion stockpile of assets, moving to unwind a pillar of...
Most fed officials see tightening `soon’; June rate hike possible
NEW YORK - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would...