Inflation must hit its 2% goal for Fed to reduce rates.
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Tagged: Federal Open Market Committee
Fed Rate Could Be Down To 4.6% By Year's End
Rate Hike Expected By Feds, Raising Mortgage Market Questions
Financial experts predict continued rate hikes despite cooling inflation.
Jul 25, 2023
Fed Chair Tells Congress To Expect More Rate Hikes
Tells House Financial Services Committee that moderate increases still needed to curb inflation.
Jun 21, 2023
The Fed Presses Pause On Rate Hikes
Federal Open Market Committee holds rate steady for the first time in more than a year.
Annual Inflation Slows To 4% In May
Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
Jun 13, 2023
U.S. Economy Added 253K Jobs In April
Unemployment rate slips to 3.4%, lowest since 1969.
May 05, 2023
The Fed Hikes Rate For 10th Time In 14 Months
Raises federal funds rate by another 25 basis points, hints at potential pause.
May 03, 2023
Banking Crisis Influenced Fed Rate-Hike Decision
Minutes of March FOMC meeting reveal staff now predict a 'mild recession' starting later this year.
Apr 13, 2023
Feeling Like A 'Crash Test Dummy'
Rate-sensitive housing market buckles up after the Fed tries again to slow the economy.
Mar 23, 2023
Annual Inflation Slowed Again In December
CPI report shows YOY rate at 6.5%, down from 7.1% in November.
Jan 12, 2023