Federal Open Market Committee

Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink

Business
Jessica Roberts

(Bloomberg) — Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes ...

Gold Drops as Markets See Hawkish Fedspeak at US Rate Meeting

Business
Jessica Roberts

(Bloomberg) — Gold fell — narrowing what is set to be its third straight month of gains — as investor focus turned ...

Trump to set interest rates himself under secret presidential plan

Business
Jessica Roberts

Donald Trump ‘could let inflation rip’ if he wins the US election, economists fear – Jeena Moon/POOL Bloomberg Donald Trump’s aides have ...

The market sees a less-than-50% chance of a June rate cut after hot factory data

Business
Jessica Roberts

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 ...

US Futures Slip Before Fed’s Likely ‘Hawkish’ Hold: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — US stock futures slipped and Treasuries edged higher ahead of the Federal Reserve interest-rate decision and the US government’s new ...

The Fed is about to make its next move. Here are 8 quotes from Jerome Powell and other central bankers that point to what comes next.

Business
Jessica Roberts

Federal Reserve Governor Jerome Powell delivers remarks during a conference at the Brookings Institution in Washington.Carlos Barria/Reuters After 11 interest rate hikes, ...