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Tag: policy meeting

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed likely to hold rates steady one last time as inflation fight finale unfolds

The Federal Reserve is expected to open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank’s 2% target.

Read More Fed likely to hold rates steady one last time as inflation fight finale unfolds
A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US inflation rises moderately, consumer spending cools

U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.

Read More US inflation rises moderately, consumer spending cools
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. REUTERS/Brendan McDermid/File Photo

Wall St unsettled ahead of inflation data, Fed meeting

Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.

Read More Wall St unsettled ahead of inflation data, Fed meeting
An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo

Fed to hold rates steady as inflation dims hopes for policy easing

The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.

Read More Fed to hold rates steady as inflation dims hopes for policy easing
An elderly man shops at a supermarket during reserved shopping hours for elderly people in Miami Beach, on March 21, 2020. - Miami Beach Mayor, Dan Gelber, warned of "devastating consequences" over the virus and ordered bars and gyms to close this week, telling springbreakers: "You've got to think about the person next to you and even the person you don't know." (Photo by CHANDAN KHANNA / AFP) (Photo by CHANDAN KHANNA/AFP via Getty Images)

Report: Inflation Increased Again In March As Consumer Spending Rose

According to the latest report, inflation increased in March, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase. 

Read More Report: Inflation Increased Again In March As Consumer Spending Rose
Chicago Fed President Austan Goolsbee reacts as he heads into the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, U.S., August 24, 2023. REUTERS/Ann Saphir/File Photo

Fed’s Goolsbee says he sees three rate cuts this year

Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.

Read More Fed’s Goolsbee says he sees three rate cuts this year
A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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