US Federal Reserve
Trump victory poses challenges for the Fed's independence
The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by raising and lowering interest rates.
Recent data has kept Fed rate view, soft landing, intact
Employment data for October was among the weakest of recent reports, with prior months revised lower and only 12,000 jobs added
US budget deficit widens to $1.8 tn, third highest on record
This year marks the third highest US deficit, behind 2021 and 2020, according to the Treasury
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The move marks a significant pivot in US monetary policy and a recognition of the Fed's growing comfort with inflation continuing to ease to its target. It is currently about half a percentage point above it.
US Federal Reserve keeps interest rates at 23-year high
"The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks," the Fed said in a statement.
US Fed's favored inflation measure accelerates, dimming rate cut hopes
The PCE price index rose at an annual rate of 2.7 percent in March, up 0.2 percentage points from a month earlier
US Fed holds key rate, still sees 3 cuts in 2024
The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year
Are the Fed and Biden engaged in a duel?
The Federal Reserve System (Fed), the arbiter of monetary policy in the US, is facing a number of challenges
Analysis / King dollar seen vulnerable in 2024 if Fed pivots
The Federal Reserve's dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024
Trump victory poses challenges for the Fed's independence
The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by raising and lowering interest rates.
Recent data has kept Fed rate view, soft landing, intact
Employment data for October was among the weakest of recent reports, with prior months revised lower and only 12,000 jobs added
US budget deficit widens to $1.8 tn, third highest on record
This year marks the third highest US deficit, behind 2021 and 2020, according to the Treasury
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The move marks a significant pivot in US monetary policy and a recognition of the Fed's growing comfort with inflation continuing to ease to its target. It is currently about half a percentage point above it.
US Federal Reserve keeps interest rates at 23-year high
"The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks," the Fed said in a statement.
US Fed's favored inflation measure accelerates, dimming rate cut hopes
The PCE price index rose at an annual rate of 2.7 percent in March, up 0.2 percentage points from a month earlier
US Fed holds key rate, still sees 3 cuts in 2024
The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year
Are the Fed and Biden engaged in a duel?
The Federal Reserve System (Fed), the arbiter of monetary policy in the US, is facing a number of challenges
King dollar seen vulnerable in 2024 if Fed pivots
The Federal Reserve's dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024
US Fed expected to pause again as inflation edges closer to target
The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.