Items Tagged with 'Federal Open Market Committee'

ARTICLES

  • Federal Reserve leaves rates unchanged, stresses patience

    Says U.S. economic growth is "solid"
    For the first time in recent months, the Federal Reserve said Wednesday it would leave interest rates unchanged and, as expected, vowed to be "patient" in its evaluation of the economy's health. Following a two-day meeting of the Federal Open Market Committee, Fed Chairman Jerome Powell said it expects continued economic growth and that the "case for raising rates has weakened."
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  • Capital Economics: Fed will leave rates alone – for now

    Says a March rate hike is off the table, but one more will come in late spring
    The Federal Reserve will leave rates unchanged when it concludes its January meeting next week, likely referencing its "patient" stance when it comes to rate hikes, Capital Economics said in a report released Wednesday. But while a hike in March is likely off the table, the group predicted that one more hike is yet to come.
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  • FOMC reveals positive outlook of economic conditions

    But elects to hold off on rate hike in July
    The Federal Reserve held its meeting on the current state of the U.S. economy, where it elected not to raise interest rates during its July 31 to August 1 meeting. But despite its decision not to raise rates, the FOMC gave a positive outlook of the U.S. economy, listing the positive economic trends members continue to see.
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  • FOMC minutes reveal Fed not concerned by growing global economic disruptions

    Expects to continue raising rates in near future
    The FOMC released the minutes from its June meeting Thursday, which showed that the Federal Reserve is not concerned about the rising threat of a trade war or other economic disruptions. While the Fed did mention some global economic challenges during its meaning, they were not the focus and did not seem to affect members’ predictions for the future of rate hikes.
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  • Fed raises rates for second time in 2018

    Here’s what committee projects for remainder of year
    The Federal Reserve voted to raise interest rates for the second time in 2018. The FOMC also released its dot-plot chart, showing a glimpse at how many more rate hikes could be expected for the rest of the year and beyond.
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  • FOMC keeps rate hike off the table at May meeting

    Says federal funds rate to remain low “for some time”
    The Federal Reserve announced that while economic activity has continued to strengthen along with the labor market, it will not raise rates following its May meeting. The market was not surprised by today’s decision and only predicted a 6% chance of a rate hike in May. Next month, however, could be a different story.
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  • Federal Reserve raises interest rates for first time in 2018

    Indicates two more rate hikes coming this year
    As expected, the Federal Reserve announced Wednesday that it is increasing the federal funds rate for the first time in 2018. Earlier this year, observers placed the likelihood of the Fed increasing rates by 25 basis points at the end of its March meeting at more than 75%. And Wednesday, that’s just what the Fed did.
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  • FOMC minutes reveal Fed’s positive economic outlook

    Increasingly optimistic about achieving inflation target
    The Federal Open Markets Committee released its minutes Wednesday from its January meeting, showing members of the Federal Reserve are becoming increasingly more confident in their economic outlook. The minutes also revealed the Fed became more optimistic about hitting its inflation target.
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