Tag: Federal Reserve rates

• Wednesday, May 2nd 2018 - 20:45 UTC

  Fed leaves rates unchanged, confirms inflation near 2% target; hike expected at June meeting

  

  The Federal Reserve on Wednesday left its benchmark interest rate unchanged, confirmed that inflation is near its 2% target, and strangely enough did not mention a word about the looming international trade confrontation. The central bank after a two-day meeting said inflation over the next 12 months should “run near” the 2% target, updating its language from March that indicated inflation would “move up” towards that level.

• Thursday, October 29th 2015 - 07:32 UTC

  Fed rates unchanged; fears of monetary easing in EU, Japan and China, and inflation still below 2%

  

  The US Federal Reserve kept interest rates unchanged on Wednesday, but downplayed global economic headwinds and left the door open to tightening monetary policy at its next meeting in December.