Dec. interest rate cut in doubt
Digest more
This week’s Federal Reserve meeting is likely to provide little hint about the now remote possibility of a mid-summer interest rate hike, economists say, But it could deliver a more sobering message: Policymakers expect slower growth and lower rates the ...
What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.
The Federal Reserve lowered interest rates at its second consecutive meeting, but Chair Jerome Powell cast doubt on expectations of a further rate cut this year. Powell made an unusually pointed intervention at a news conference following the meeting ...
The Federal Reserve’s decision last month to announce a looming halt to the drawdown of its balance sheet earlier than many had expected drew broad support from central bankers, meeting minutes from the late October policy meeting released on Wednesday said.