Fed policy rate articles
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Fed meeting live updates: Traders brace for details from central bank on rate policy outlook
Federal Reserve policymakers are widely expected to hold the fed funds target rate at 5.25%-5.5%, but investors will look for insight from Chair Jerome Powell.
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U.S. stocks close higher as investors eye tech earnings, Fed rate-policy meeting
U.S. stocks ended higher on Monday as investors continue to digest tech earnings and await the Federal Reserve's policy meeting later this week. The Dow Jones Industrial Average went up 146.43 points or 0.4% to end at 38386.09, according to Dow Jones Market Data. The S&P 500 rose 16.21 points or 0.
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Fed leaves interest rates unchanged amid inflation rate higher than 2% target
May 1 (UPI) — The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank’s 2% threshold. The Federal reserve’s Federal Open Market Committee said in a statement that the central bank left interest rates for overnight bank borrowing within a range of 5.25%-5.5%. With CPI inflation at 3.5%, the […] The post Fed leaves interest rates unchanged amid inflation rate higher than 2% target first appeared on Gephardt Daily.