The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate. The dot plot is updated every three months and is meant to provide ...
WASHINGTON, DC - MARCH 01: Federal Reserve Board Chairman Jerome Powell arrives to testify during a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill, on March 1, 2018 in ...
The bulk of Federal Reserve officials still see one more interest-rate hike this year, but fed funds rate projections for 2024 and 2025 both increased by half a percentage point, according to the ...
The Federal Reserve closed out the year with a widely anticipated 25 basis-point interest rate cut Wednesday, lowering the federal funds rate to a range of 4.25%-4.5% ...
As expected, the Fed kept interest rates steady at a range of 5.25-5.50% today, in the first Federal Open Market Committee (FOMC) meeting since July. It’s the second time in three FOMC meetings that ...
WASHINGTON (MarketWatch)—Most Federal Reserve honchos expect the bank to start raising a key short-term interest rate later this year, but they are sharply split on how long it will take to reach ...