Simply sign up to the US inflation myFT Digest -- delivered directly to your inbox. A top Federal Reserve official has called for interest rates to stay on hold for an “extended” time, saying lowering ...
The Federal Open Market Committee is expected to hold interest rates steady at the conclusion of its next meeting on June 12, according to fixed income futures. This move is viewed as likely ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them. By Jeanna Smialek Investors do not expect ...
WASHINGTON – Federal Reserve chairman Jerome Powell said the US central bank needs to be patient as it awaits more evidence that high interest rates are curbing inflation, doubling down on the ...
The market’s continued focus on information suggesting a shift toward a more accommodative monetary policy, paired with its tendency to overreact to any hint of such easing, spawns a self ...