Page 18 - Fomc News Today

All Fed policymakers had agreed that the central bank should proceed carefully on rate decisions and incoming data would help determine whether another hike was needed in coming months, said the minutes

WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates...

The chances of the Fed hiking at their November 1 decision appear to have diminished based on recent statements from officials and the assessment of fixed income markets.

The number of job openings in the United States rose to 9.61 million in August, reversing the trend after three straight months of declines.

The president of the Cleveland Fed said Monday the central bank "may well need to raise" interest rates once more this year and then keep rates high "for...

The chief of the Atlanta Federal Reserve said further increases in interest rates probably aren't necessary to bring inflation back down to pre-pandemic levels.

The chief of the New York Fed said a key U.S. interest rate is "at, or near, the peak level," but borrowing costs will also have to remain high for "some time."

The chief of the New York Fed said a key U.S. interest rate is "at, or near, the peak level," but borrowing costs will also have to remain high for "some time."

The Fed's inner circle is divided on whether to raise interest rates again this year, but they all agree that borrowing costs will remain "higher for longer."

As expected, the Fed "paused" at its September meetings. And while the Fed’s administered rates did not change, the markets interpreted this as a “hawkish” pause.