Fed raises key rate, unveils plan to reduce bond holdings
The Federal Reserve has raised its key interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy.
Federal Reserve Bank
Articles
Investors watching more than rate hikes from Federal Reserve
There isn’t much suspense about what the Fed will announce regarding a rate hike when its latest policy meeting ends Wednesday. But economic observers are watching for additional reasons.
Expect two more Federal Reserve rate hikes in 2017, economists say
Though widely expected to raise rates this week, Fed policy makers are being pulled in two directions by a spirited drop in unemployment this year and a surprisingly listless reaction in wages and prices.
Fed leaves rates unchanged but signals further hikes ahead
A statement the Fed issued Wednesday after its latest policy meeting noted that the economy slowed sharply during the January-March quarter but that it expects that slump to be “transitory.”
Yellen says economy close to achieving Federal Reserve goals
Federal Reserve Chairwoman Janet Yellen did not specifically address the timing for future rate hikes, but her remarks support the view that future hikes are coming.
Federal Reserve hikes key rate for second time in three months
The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans.
Yellen signals Federal Reserve likely to raise rates this month
Federal Reserve Chairwoman Janet Yellen said in a speech in Chicago that the Federal Reserve expects steady economic improvement to justify additional rate increases.
Yellen sees more rate hikes ahead if economy stays on course
Federal Reserve Chairwoman Janet Yellen said more interest-rate increases will be appropriate if the U.S. economy meets the central bank’s outlook of gradually rising inflation and tightening labor markets.
Fed raises rate, boosts outlook for borrowing costs in 2017
New projections show the central bankers expect three separate quarter-point rate increases in 2017, up from the two seen in the previous forecasts.
Federal Reserve expected to raise rates for first time in a year
The Fed last increased rates in December a year ago, when it hiked its benchmark rate from a record low set at the depths of the 2008 financial crisis.
Yellen says ‘case for an increase’ in rates has strengthened
Federal Reserve Chairwoman Janet Yellen sketched a picture Thursday of an improving U.S. economy. The Fed is widely expected to raise the federal funds rate when it meets in mid-December.
Fed widely expected to leave key interest rate unchanged
With voters set to choose a new president and Congress in six days, the Federal Reserve will likely keep a low profile when it ends a meeting Wednesday to try to ensure it doesn't become part of the debate at the close of a tumultuous political campaign.
Federal Reserve keeps key rate unchanged but hints of coming hike
The Fed made clear in updated forecasts it issued Wednesday that it expects growth to remain tepid for at least three years.
Flurry of tepid economic data could lead Fed to delay hike
U.S. factory output fell, consumers cut back at retailers and wholesale prices went nowhere in August, the latest evidence of a less-than-robust economy.
Yellen suggests rate hike is coming but offers no timetable
Federal Reserve Chairwoman Janet Yellen sketched a generally upbeat assessment of the economy in a speech to an annual conference of central bankers in Jackson Hole, Wyoming.
Fed keeps rates steady but sees less risk to U.S. economy
The central bank gave no hint of when it might resume the rate hikes it began in December, when it raised its benchmark rate from a record low.
As Fed ends meeting, few expect much clarity on next hike
The Fed is expected to issue a statement that acknowledges the strengthening economy without providing much explanation about when the next rate hike might occur.
Lots of unknowns keeping Federal Reserve cautious about rates
Federal Reserve Chairwoman Janet Yellen said Tuesday that the U.S. economy faces numerous uncertainties that compel the Fed to proceed cautiously in raising interest rates.
Fed leaves rates unchanged; no hint on timing of next hike
The Federal Reserve noted after its latest policy meeting that the pace of job growth has slowed even as the overall economy has improved.
Fed raises likelihood of a June interest rate hike
The minutes of their most recent meeting in late April show that Federal Reserve officials widely felt it would be appropriate to raise rates at their June 14-15 meeting as long as hiring and economic growth further strengthened.