Items Tagged with 'Federal Open Market Committee'

ARTICLES

  • 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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  • Expect first Federal interest rate rise to come in March

    Market places 77% chance of 25 basis point hike
    Wednesday afternoon, the Federal Reserve announced its decision not to raise the federal funds rate in January. After the Fed Funds futures pushed up their probability estimate for raising the federal funds rate in March, the market is now placing a 77% chance of a 25 basis point hike.
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  • Tax reform could cause Fed to speed up rate hikes

    Fed minutes show most on board with raising federal funds rate
    Minutes released Wednesday by the Federal Reserve showed that the Federal Open Markets Committee could move at a quicker pace due to tax reform. While the Fed forecasts a median growth of 2.5% in 2018, the minutes showed most members will raise their expectations due to tax reform.
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