The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they ...
In comparison, in the Fed’s previous SEP in December, 10 members forecast rates would end 2025 in the 3.75% to 4% range.
Policymakers also expect inflation will pick up slightly, to 2.7% by the end of 2025 from its current level of 2.5%. Both are above the central bank’s 2% target. Even though the Fed maintained ...
The Fed's economic projections also show the personal consumption expenditures (PCE) index, policymakers' preferred inflation gauge, at 2.7% at the end of this year — higher than the 2.5% ...
The Fed's markets hub in New York will expand a program to ease potential money-market stress on the trading days surrounding the end of the first quarter. The New York Fed's open-market trading ...
Federal Reserve policymakers are meeting this week ... A second cut of that size has the highest probability in September. By the end of 2025, the CME FedWatch tool shows a 32.2% probability ...