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Fed leaves interest rates unchanged, says inflation near target

WASHINGTON (Reuters) - The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near the U.S. central bank's target would be sustained, leaving it on track to raise borrowing costs in June......»»

Category: topSource: reutersMay 2nd, 2018

Fed clambers back to positive real rates, now debate is when to stop

WASHINGTON (Reuters) - The Federal Reserve will likely raise its target interest rate to above the rate of inflation for the first time in a decade next week, igniting a new debate: when to stop......»»

Category: topSource: reutersJun 7th, 2018

Federal Reserve Raises Interest Rates For Seventh Time Since 2015

The Federal Reserve concluded its June meeting by hiking interest rates a quarter percentage point. The seventh raise in two and a half years brings the federal funds rate to a range between 1.75 percent and 2 percent. read more.....»»

Category: blogSource: benzingaJun 13th, 2018

The Fed: Fed increasingly worried about spillovers from trade, but showed no sign of pausing rate hikes

Fed officials were increasingly worried about trade war but wanted to continually gradually hiking interest rates, according to minutes of the June meeting released Thursday......»»

Category: topSource: marketwatchJul 5th, 2018

Goodbye inverted yield curve? Fed looks for alternative signals to guide policy

Federal Reserve officials are scouring new niches of the financial markets to find signals accurate enough to warn the central bank when it is time to stop hiking interest rates before they risk tipping the economy into a recession......»»

Category: topSource: reutersJul 12th, 2018

Why the Fed can’t stop hiking rates, no matter the emerging markets pain

The Federal Reserve seems poised to continue to hike interest rates and emerging market countries will have to manage as best they can, said Raghuram Rajan, former governor of the Reserve Bank of India, in an interview with CNBC......»»

Category: topSource: marketwatchAug 15th, 2018

Will landing be soft or "chaotic" as Fed begins to stop rate hike cycle

In June 2006, the U.S. Federal Reserve raised interest rates for a 17th consecutive time but cushioned the increase with a strong signal that officials were ready to stop the tightening cycle......»»

Category: topSource: reutersDec 16th, 2018

Will landing be soft or "chaotic" as Fed begins to stop rate hike cycle

In June 2006, the U.S. Federal Reserve raised interest rates for a 17th consecutive time but cushioned the increase with a strong signal that officials were ready to stop the tightening cycle......»»

Category: topSource: moneycentralDec 16th, 2018

Will landing be soft or "chaotic" as Fed begins to stop rate hike cycle

In June 2006, the U.S. Federal Reserve raised interest rates for a 17th consecutive time but cushioned the increase with a strong signal that officials were ready to stop the tightening cycle......»»

Category: topSource: moneycentralDec 16th, 2018

D.C. region’s economy continues to slow, CBRE index warns

Effects from persistently higher interest rates, combined with falling federal spending locally, have continued to weaken the local economy, according to the latest numbers from CBRE Group Inc.’s index charting Greater Washington’s economic p.....»»

Category: topSource: bizjournals2 hr. 3 min. ago

BookWatch: The former CEO of Washington Mutual foresees another housing bubble — and he blames the Fed

‘The Fed has gotten hooked on these expansive policies of ultra-low interest rates,' Kerry Killinger says......»»

Category: topSource: marketwatchMay 18th, 2021

: The Fed plans to keep interest rates low — so why do mortgage rates keep rising?

Mortgage rates are now at the highest point since June and could go even higher even if the Federal Reserve doesn’t change its policy......»»

Category: topSource: marketwatchMar 19th, 2021

Don"t be fooled by the jobs report, the Federal Reserve isn"t hiking interest rates any time soon

The jobs report may be strong and the US economy may be recovering, but that doesn't mean the Fed is going to ease off the COVID crisis measures. Federal Reserve Chair Jerome Powell pre.....»»

Category: worldSource: nytMar 5th, 2021

Fed takes emergency steps to slash rates, ease bank rules

WASHINGTON (AP) — The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would.....»»

Category: topSource: moneycentralMar 16th, 2020

Germany tries to halt U.S. interest in firm working on coronavirus vaccine

Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine......»»

Category: topSource: reutersMar 15th, 2020

Traders bet Fed will slash rates to zero by April

Futures traders are betting the Federal Reserve will slash U.S. interest rates to near zero by April, even as many doubted the central bank can do much to stop economic damage from the spread of the new coronavirus......»»

Category: topSource: reutersMar 6th, 2020

"Money and life and death": Larry Summers calls for 4 economic policies to combat coronavirus

REUTERS/Ruben Sprich Cutting interest rates and increasing money supply will do little to combat coronavirus' economic fallout, former Treasury Secretary Larry Summers argued in a Washington Post colum.....»»

Category: topSource: businessinsiderMar 5th, 2020

Trump demands even lower rates less than an hour after Fed"s first emergency cut since 2008

Jabin Botsford/The Washington Post via Getty Images Trump demanded even lower interest rates from the Federal Reserve less than an hour after its unexpected move. He called on the Fed to "LEAD" with "more easing and cutting" in a tweet.....»»

Category: topSource: businessinsiderMar 3rd, 2020

Goldman expects 75 bps of Fed rate cuts by June

Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday, implying as many as three cuts starting at its next meeting in March......»»

Category: topSource: reutersFeb 28th, 2020

Employment gains top estimates with 225,000 new jobs

U.S. employers ramped up hiring in January and wage gains rebounded, providing new evidence of a durable jobs market that backs the Federal Reserve’s decision to stop cutting interest rates and hands President Donald Trump an early election-year boost......»»

Category: topSource: moneycentralFeb 7th, 2020