United States Federal Open Market Committee (FOMC) minutes published on Wednesday revealed that the "vast majority" of members backed the decision to keep the key interest rate unchanged at the last FOMC meeting in March."Foreign financial markets were affected by investor concerns...
United States Federal Open Market Committee (FOMC) minutes published on Wednesday showed that all participants backed the decision to keep the key interest rate unchanged at the last FOMC meeting in January.Committee members expressed their willingness to consider modifying elements of...
Federal Reserve officials expressed concern over the inflationary impacts of United States President-elect Donald Trump's trade and immigration policies, according to the December Federal Open Market Committee (FOMC) policy meeting minutes published on Wednesday.
Without mentioning...
The minutes from the United States Federal Open Market Committee (FOMC) last policy meeting, released on Tuesday, indicated a split among members regarding the future direction of monetary policy. While some members advocated for pausing monetary easing and maintaining restrictive...
United States Federal Reserve Chair Jerome Powell said on Thursday that the economy remains strong, adding that significant progress was made toward the central bank's goals during the past two years. Also, Powell said the labor market has "cooled" and inflation has dropped significantly.Powell...
The minutes from the United States Federal Open Market Committee (FOMC) last policy meeting, released on Wednesday, revealed that while a "substantial majority" supported the 50 basis points (bps) cut in the fed funds rate, several members believed 25 bps would have been more...
The minutes from the United States Federal Open Market Committee (FOMC) last policy meeting, released on Wednesday, revealed that the "vast majority" of members believe a rate cut in September would be the "appropriate" next step if economic data continues to align with...
United States Federal Open Market Committee (FOMC) minutes from the last policy meeting on June 11–12, showed on Wednesday that "several" board members noted that if inflation continues to land at "elevated levels" or goes upward, the "federal funds rate might need to be raised" again. Also,...
United States Federal Open Market Committee (FOMC) minutes from the last policy meeting revealed on Wednesday that "various" officials showed a willingness to tighten the policy further "should risks to inflation materialize in a way that such an action became appropriate."During the two-day...
The US Federal Reserve's Federal Open Market Committee (FOMC) stated in the minutes of its March meeting that its participants have generally noted "uncertainty about the persistence of high inflation."
Despite analyzing recent economic data, the committee acknowledged a lack of "confidence" in...
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