The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...
The FOMC is widely expected to keep the target range for the federal funds rate unchanged at 3.50-3.75% this month. Governor ...
The Fed’s latest policy statement had very few changes from the one it issued following the Oct. 28-29 FOMC meeting. Much like in October, Fed officials noted that the economy was expanding. Recent ...
U.S. Treasuries marked fresh lows in immediate rection to the January FOMC Statement, before returning to levels seen just before the release. The directive was largely as expected, calling for no ...
The Federal Reserve’s latest policy statement changed in a number of ways from the one it issued following the Jan. 27-28 Federal Open Market Committee meeting. “Available indicators suggest that ...