US federal reserve

US federal reserve News

US Fed holds rates steady, signals cuts possible later this year

While new economic projections showed policymakers' views of growth and unemployment largely unchanged, they saw headline inflation at just 1.5 percent for the year, down from the 1.8 percent projected in March.

Explained: What is expected today at US Fed Reserve meeting, how it will impact India

In light of the recent escalation of the US-China trade war and tepid economic data, this month’s FOMC meeting is being more closely watched than usual.

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Federal Reserve likely to leave rates steady, despite market outlook and Trump demands

The central bank may nod to recent weaker-than-expected jobs numbers and softer inflation, and drop from its policy statement a pledge to be "patient" before changing rates - opening the door to a possible rate reduction later.

US President Donald Trump's Federal Reserve pick owes unpaid taxes

Stephen Moore is a conservative economic analyst and frequent Federal Reserve critic. He is a well-known and often polarizing figure in Washington political circles. He served as Trump's campaign adviser in 2016 and helped Trump craft his tax cut plan.

US Federal Reserve raises rates, sees at least three more years of economic growth

Marking the end of the era of "accommodative" monetary policy, Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2 percent to 2.25 percent.

Trump criticizes Federal Reserve interest rate policy despite strong economy

Trump said he was concerned about the potential impact on the US economy and American corporate competitiveness from rising rates and a stronger dollar.

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US Federal Reserve raises key interest rates by 25 bps, signals possible acceleration in 2018

The Fed has raised rates seven times since late 2015 on the back of the economy's continuing expansion and solid job growth, rendering the language of its previous policy statements outdated.

Federal Reserve chairman vague on trade risks; his next No. 2, anything but

China warned on Friday it was fully prepared to respond with a "fierce counter strike" of fresh measures if the United States follows through on President Donald Trump's threat to slap tariffs on an additional $100 billion of Chinese goods.

US: Fed raises key rate and foresees 2 more hikes this year

The economy is growing moderately and "job gains have been strong in recent months,'' Fed policymakers say in a statement following the conclusion of its two-day meeting.

Donald Trump expected to name Jerome Powell as next Federal Reserve chair on Thursday

Taylor and Warsh were both viewed as people who might raise interest rates at a faster pace than Yellen and Powell. Cohn appeared to fall out of favor after criticizing Trump's reaction to the violence in Charlottesville, Virginia, earlier this year.

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