The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted ...
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
The dollar index (DXY00) today is up by +0.27%. The dollar is climbing today ahead of the results of the FOMC meeting later today when the Fed is expected to leave interest rates steady.
Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...
The Federal Open Market Committee’s latest policy statement on Wednesday pointed to stubborn inflation readings and an economy hardly in need of rescuing as support for officials’ decision to pause ...
The Fed has a dual mandate. In addition to stable prices, the central bank is supposed to support maximum employment. With ...
Stocks are under pressure today on risk-off sentiment ahead of the results of today’s FOMC meeting. Some negative earnings results are also weighing on stocks today, with Packaging Corp down ...
Inflation remains somewhat elevated." The FOMC statement said that the Fed continues to pursue its dual mandate of achieving maximum employment and inflation at 2% over the longer run. It added that ...
Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...
“I’ll demand that interest rates drop immediately,” Trump said during a virtual address at the World Economic Forum in Davos, ...
Coming up in today's episode, opposition MPs on Waqf Amendment Bill JPC call it a mockery' lodge dissent, tragedy at sangam during Mahakumbh after stampede, supreme court' landmark ruling against ...
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