Federal Reserve
The Latest
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Fed Holds Rates Steady, Signals Lack of Progress on Inflation Target
The Federal Reserve decided to hold interest rates steady on Wednesday, maintaining the target range between 5.25% and 5.5% for the sixth consecutive time since July 2022. The unanimous decision by the Federal Open Market Committee (FOMC) comes amid concerns over the lack of further progress in bringing inflation down to the central bank's 2% target. 
The Federal Reserve decided to hold interest rates steady on Wednesday, maintaining the target range between 5.25% and 5.5% for the sixth consecutive time since July 2022. The unanimous decision by the Federal Open Market Committee (FOMC) comes amid concerns over the lack of further progress in bringing inflation down to the central bank's 2% target. -
Fed Maintains Interest Rates, Signals Three Cuts by End of 2024 Amid Economic Optimism
The Federal Reserve has decided to maintain the current interest rate levels, keeping the benchmark overnight borrowing rate steady within the 5.25%-5.5% range, a status quo since July 2023. This decision aligns with market expectations and underscores the Fed's cautious approach towards adjusting monetary policy amidst economic uncertainties. 
The Federal Reserve has decided to maintain the current interest rate levels, keeping the benchmark overnight borrowing rate steady within the 5.25%-5.5% range, a status quo since July 2023. This decision aligns with market expectations and underscores the Fed's cautious approach towards adjusting monetary policy amidst economic uncertainties. -
Fed Treads Cautiously on Rate Cuts Amid Inflation Uncertainty
During their latest meeting, Federal Reserve officials expressed a cautious stance on the possibility of reducing interest rates, amidst a complex backdrop of inflation dynamics and economic indicators. 
During their latest meeting, Federal Reserve officials expressed a cautious stance on the possibility of reducing interest rates, amidst a complex backdrop of inflation dynamics and economic indicators. -
Fed Maintains Interest Rates, Cautiously Optimistic on Inflation and Economic Growth
The Federal Reserve, under the stewardship of the Federal Open Market Committee (FOMC), has maintained a cautious approach, keeping interest rates steady amidst signs of economic stabilization. The decision underscores the central bank's delicate balancing act between fostering economic growth and managing inflationary pressures. The Federal Reserve, under the stewardship of the Federal Open Market Committee (FOMC), has maintained a cautious approach, keeping interest rates steady amidst signs of economic stabilization. The decision underscores the central bank's delicate balancing act between fostering economic growth and managing inflationary pressures. -
Fed's Pivot Leads to First Net Short Position in Dollar in Three Months, Goldman Sachs Forecasts Further Decline
Following the Federal Reserve's clearest signal yet of an impending rate cut, Goldman Sachs has joined the chorus predicting a bearish outlook for the U.S. dollar. 
Following the Federal Reserve's clearest signal yet of an impending rate cut, Goldman Sachs has joined the chorus predicting a bearish outlook for the U.S. dollar. -
Fed's Dovish Turn Sparks Rally in Short-Term Bonds with Over 4% Yield
The Federal Reserve's recent dovish shift has led to a strong rebound in U.S. Treasury bonds, with the yield on the 10-year note, often referred to as the "anchor of global asset pricing," falling below 4% for the first time since August this year. The yield on the more rate-sensitive 2-year Treasury note has also dropped to its lowest point since May. 
The Federal Reserve's recent dovish shift has led to a strong rebound in U.S. Treasury bonds, with the yield on the 10-year note, often referred to as the "anchor of global asset pricing," falling below 4% for the first time since August this year. The yield on the more rate-sensitive 2-year Treasury note has also dropped to its lowest point since May. -
Fed Signals Dovish Turn, Dot Plot Forecasts at Least Three Rate Cuts in 2024
In the policy meeting that concluded on Wednesday, the Federal Reserve maintained its key interest rate for the third consecutive time and hinted at a faster-than-expected decline in inflation, opening the door for rate cuts next year. In the policy meeting that concluded on Wednesday, the Federal Reserve maintained its key interest rate for the third consecutive time and hinted at a faster-than-expected decline in inflation, opening the door for rate cuts next year. -
Franklin Templeton CEO Foresees Potential Fed Rate Cut by 100 Basis Points Next Year
Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28. Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28. -
Fed Governors Split on Path for Interest Rates Amid Inflation Battle
The debate over the future direction of interest rates within the Federal Reserve is intensifying as two of its governors, Michelle Bowman and Christopher Waller, present contrasting views on the best approach to manage inflation. The debate over the future direction of interest rates within the Federal Reserve is intensifying as two of its governors, Michelle Bowman and Christopher Waller, present contrasting views on the best approach to manage inflation. -
U.S. October CPI Cools More Than Expected, Fed Rate Cut on the Horizon?
The U.S. Bureau of Labor Statistics recently reported a significant cooling in the U.S. Consumer Price Index (CPI) for October, with the core CPI dropping to its lowest point in over two years. The U.S. Bureau of Labor Statistics recently reported a significant cooling in the U.S. Consumer Price Index (CPI) for October, with the core CPI dropping to its lowest point in over two years.
