Readout Of January Meeting Shows Fed Not Wed To Particular Pace Of Rate Hikes
Federal Reserve officials last month agreed that, with inflation tightening its grip on the economy and employment strong, it was time to raise interest rates, but also that any decisions would depend on a meeting-by-meeting analysis of inflation and other data, according to the minutes of the Jan.
Fed Rate Decisions Will Be Made On Meeting-by-meeting Basis, Minutes Show
Federal Reserve officials last month agreed that, with inflation widening its grip on the economy and employment strong, it was time to tighten monetary policy, but also that decisions would depend on a meeting-by-meeting analysis of data, according to minutes of the Jan.
Fed Not Wedded To Particular Pace Of Rate Hikes, Minutes Show
Federal Reserve officials last month agreed that, with inflation widening its grip on the economy and employment strong, it was time to tighten monetary policy, but also that any decisions would depend on a meeting-by-meeting analysis of data, according to the minutes of the Jan.
Fed, Split Over Opening Rate Bid, May Put Weight On February Data
U.S. Federal Reserve officials continued sparring over how aggressively to begin upcoming interest rate increases at their March meeting, with a final inflation reading just ahead of the two-day session taking on potentially outsized importance.
Fed Hopes Economy Is On Cusp Of Inflation Slowdown As Rate Hikes Loom
USA-FED-INFLATION:Fed hopes economy is on cusp of inflation slowdown as rate hikes loom
Call 'em Crazy, But Fed Officials Likely To Keep Raising Rates
A stock sell-off, rising trade tension with China, slower global growth and verbal pressure from the White House are unlikely to dent the U.S. Federal Reserve's rate hike plans in an economy performing in line with the central bank's forecasts.
US Economy 2018: A Decade Of Economic Sluggishness May Have Just Snapped Back To Normal
For a solid decade after the collapse of Lehman Brothers touched off a global financial crisis, there was good reason to think the U.S. economy remained broken, from skepticism about the health of the labor market to tepid economic growth and the moribund rate of interest paid on U.S. Treasury bonds.
Fed Raises Interest Rates, Sees At Least Three More Years Of Growth
The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as it forecast that the country's economy would enjoy at least three more years of growth.
US Economy: Fed Likely To Raise Rates, Possibly End 'Accommodative' Policy Era
With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening.
Fed's Powell In A Spot: Ignore Yield Curve Or Tight Job Market?
New Fed staff research and Powell's own remarks seem to put more weight on the risks of super-tight labor markets, which could mean a shift up in the Fed's rate outlook and a tougher tone in its rhetoric.
Fed Says It Whipped US Unemployment, Maybe Too Well
The current estimate of "full employment" is around 4.5 percent.
Powell Sets Fed's Course With Data-Based Judgment
Federal Reserve Chair Jerome Powell has begun putting his stamp on the U.S. central bank as someone who will rely more on data-informed judgment and less on some of the models and theoretical values that have shaped the Fed’s course in recent years but that Powell has said can be false guides.
US Economy: Fed Chair Powell Says Interest Rate Hikes Best Way To Protect Job Growth
The Federal Reserve’s steady interest rate hikes are the best way to protect the U.S. economic recovery and keep job growth as strong as possible and inflation under control, Fed Chair Jerome Powell said on Friday in a high-profile endorsement of the central bank’s current approach to policy.
US Economy: 'Several Years' Of Strong Jobs, Low Inflation Still Ahead, Says Fed Chair
Federal Reserve Chairman Jerome Powell, discounting the risk that a trade war may throw a global recovery off track, said the economy is on the cusp of “several years” where the job market remains strong and inflation stays around the Fed’s 2 percent target.