Regulatory uncertainty, toxic environment drive Wells Fargo, Prospect out of MSAs

Trending Thursday: Is the job description “financial press” or “palace guard?”

From the Fed to FannieGate, plus the impact of banking regulations and more

Question remains: When will interest rates start rising?

3 different expert predictions

Items Tagged with 'FOMC'


Federal Reserve still hesitant to raise rates

Meeting minutes show only 1 FOMC member wanted to raise rates in June
The minutes from the June meeting of the Federal Open Market Committee show that nearly all the committee members and the Federal Reserve are still hesitant to increase the federal funds rate. So when is FOMC going to raise rates?
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Ignore the rising interest rate alarms

When will the Federal Reserve raise interest rates?
The latest report from the Federal Reserve sent the industry into panic mode since it eliminated the word “patient” from its outlook on interest rates. But before the industry starts to worry, Mark Fleming, chief economist at First American, explained how this idea is utterly wrong.
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FOMC: Federal funds rate stays the same

Committee clarifies wording
The pace of economic activity has moderated somewhat, according to the latest information from the Federal Open Market Committee meeting minutes. The meeting noted that labor market conditions continued to improve, with strong job gains and a lower unemployment rate.
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FOMC: Economy expands at solid pace

Reaffirms target range for federal funds rate
The Federal Open Market Committee’s minutes revealed that it will continue to maintain its present course since it continues to see strong progress in the economy.
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