Page 6 - Fomc News Today

Federal Reserve Gov. Chris Waller said there’s “no rush” to reduce U.S. interest rates in light of stronger-than-expected readings on inflation and economic...

Federal Reserve Gov. Chris Waller said there’s “no rush” to reduce U.S. interest rates in light of stronger-than-expected readings on inflation and economic...

KUALA LUMPUR: The ringgit ended lower against the US dollar on Friday as risk sentiments for the local note remained fragile following higher United States Treasury yields, said an economist.

Inflation is likely to slow toward 2% and pave the way for reductions in U.S. interest rates “later this year,” the president of the New York Federal Reserve...

KUALA LUMPUR: The ringgit opened higher against the US dollar as traders digest the United States (US) Federal Open Market Committee (FOMC) meeting minutes released last night, said an economist. 

KUALA LUMPUR: The ringgit ended higher against the US dollar today as the United States Federal Reserve (Fed) seems unlikely to cut the benchmark interest rate in the near term, said an economist.

Federal Reserve Gov. Lisa Cook said inflation has slowed faster than expected, but central bank officials need “greater confidence” that price pressures are...

KUALA LUMPUR: The ringgit ended slightly higher against the US dollar on Wednesday, although the greenback had strengthened as investors focused on the upcoming release of the US Federal Open Market Committee’s (FOMC) meeting minutes, an economist said.

KUALA LUMPUR: The ringgit opened easier against the US dollar as the greenback remained steady despite a slight retracement on the back of subdued US yields and ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later today, said an economist. 

Jerome Powell has already reached the runway. GDP and job growth are solid, and inflation is down.