well above forecasts for a 3.4% increase and a jump from February’s 3.2% inflation rate. In the bond market, expectations now center on the Fed making its first cut in the federal-funds rate in ...

The Federal Reserve left interest rates unchanged on Wednesday at a target range of 4.25% - 4.50%. This was widely expected, but the central bank also took a more hawkish stance on future rate ...

Gold took support near 365- H MA and showed a nice pullback ahead of FOMC paring most of its gains as demand for safe-haven ...

“Given a resilient labor market, we now think the Fed cutting cycle ... Open Market Committee meeting. Rate hikes could also be in play if long-term inflation expectations become unanchored.

The Federal Reserve is likely done cutting rates amid robust economic activity, BofA analysts say. They see a hike as a more likely than a cut at this point, and lay out what it would take to get one.

As shown in the chart above, the market's reaction to the latest Fed statement is part of a longer-term process of lowered rate-cut expectations over the past several months, largely starting with ...