Page 20 - Fomc News Today

The Federal Reserve is betting it can kill high inflation without killing off the current economic expansion, based on its latest forecast.

US stocks recorded modest gains on Monday, with major indices slightly increasing.

KUALA LUMPUR: The ringgit opened marginally lower against the US dollar today as investors await interest rate decisions by major central banks this week, an economist said.

US Federal Reserve expected to maintain current interest rates despite persistent inflation levels exceeding target range; possibility of rate hike in coming policy meetings.

WASHINGTON: The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of...

The gains in gasoline prices place the nations central bank on alert for a resumption of inflation, making the September interest rate hike a hawkish rather than a dovish pause.

KUALA LUMPUR: The ringgit ended the week lower against the US dollar as investors remained in cautious mode ahead of key United States (US) jobs data release, said an analyst.

Fed Chairman Powell says the fight against is inflation is far from over.

The president of the Philadelphia Federal Reserve Bank said he thinks the U.S. central bank has raised interest rates high enough to bring inflation down.

Global bond yields are rising to levels unseen in years, driven by strong macroeconomic data and expectations of continued monetary tightening. US Treasury yields have reached their highest since 2007, prompting investors to initiate risk-off trade.