The Federal Reserve was expected to reduce the benchmark short-term interest rate at the next Federal Open Market Committee (FOMC) meeting, which was scheduled
The odds of an interest-rate cut at this month’s Federal Open Market Committee (FOMC) meeting continue to gyrate. Recall that after the October FOMC decision
The Federal Reserve is walking a tight-rope heading into the December Federal Open Market Committee (FOMC) meeting. That is because recent data, though limited
Federal Reserve Chairman Jerome Powell struck a cautious tone at the October Federal Open Market Committee (FOMC) meeting. True, the central bank did as
The Federal Reserve cut the federal funds rate by a quarter point at its October Federal Open Market Committee (FOMC) meeting. The second reduction of this year
The U.S. economy is exceeding prognostications. True, the gross domestic product (GDP) expanded by an estimated annualized rate of 1.6% during the first six
The trade tensions between the United States and China have recently ratcheted up. The latest twist in the ongoing negotiations between the world’s two largest
The Federal Reserve is expected to reduce the benchmark short-term interest rate at this month’s Federal Open Market Committee (FOMC) meeting. The central bank
The Federal Reserve is signaling two additional quarter-point interest-rate reductions before year’s end. These would follow the first interest-rate cut in nine
Inflation is still running above the Federal Reserve’s target level of 2%. The Personal Consumption Expenditures (PCE) Price Index, the assessment of inflation
The Federal Reserve appears on track to resume cutting the benchmark short-term interest rate for its lending to banks at this month’s Federal Open Market
The July price data painted a mixed picture on inflation. On the positive side, the Consumer Price Index (CPI) was relatively in line with the consensus
