of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to ...

“I think we’re in a good place, but I think from here it’s a new phase and we’re going to be cautious about further cuts,” Mr Powell said at a press conference following the end of the ...

This is lower than the four estimated during the September FOMC meeting and would bring rates close to 3.9% by 2025-end. Fed chairman Jerome Powell said, “The slower pace of cuts for next year ...

Fed officials had thought their preferred inflation gauge, the Personal Consumption Expenditures price index, would be 2.1% by the end of 2025 at September’s monetary policy meeting, according ...

Analysts will be keenly tracking the projections and remarks that Fed Chair Jerome Powell will deliver in a post-meeting press conference later in the day to discern if policymakers are turning more ...

The U.S. central bank is widely expected to deliver a 25-basis-point interest rate cut at the end of its meeting later in the day, but the focus will be on how much further Fed officials think they ...

WSJ’s Nick Timiraos and former Fed Vice Chair Richard Clarida explain how much influence Donald Trump will have over the Fed. Photo Illustration: Rio Roye & Annie Zhao Investors shuddered on ...

"The economy is strong overall" and has made progress in the Fed's full employment and price ... "We've had a year-end projection for inflation, and it's kind of fallen apart as we've approached ...

The Fed's benchmark interest rate, known as the federal funds rate, is the target interest rate at which commercial banks borrow and lend their extra reserves to one another overnight. If the ...

Wall Street is calling this a “hawkish cut” because the Fed’s potentates rolled back their expectations about future rate cuts. But the real way to think about Wednesday’s monetary news is ...

Officials estimate the Fed funds rate to end at 3.9% in 2025 and 3.4% in 2026. Other projections suggest that the Fed’s favorite inflation gauge, the Core PCE, is expected to end at 2.8% in 2024 ...

Major indexes had been up ahead of the meeting but tanked sharply as traders digested projections from the central bank and tuned in to Fed Chair Jerome Powell's press conference. Bond yields ...