According to financial website Marketwatch, the Fed's December meeting notes showed that almost all policymakers saw an increase in upside risks to the inflation outlook, and U.S. stocks have fluctuated between modest gains and losses since then. The latest meeting notes show that Fed officials did not discuss a possible rate hike in December. Officials believe that if inflation remains high, the Fed may keep interest rates unchanged or ease monetary policy at a slower pace.
The Fed's December meeting notes that staff forecasts that economic conditions in the United States will remain solid. Real GDP growth is expected to slow slightly from the previous baseline forecast, and the unemployment rate is expected to rise slightly, but still close to the staff's estimate of the natural rate of unemployment. In the staff's baseline forecast, the inflation forecast for 2024 is slightly higher than the forecast made at the last meeting, reflecting an unexpected upside from ...
Federal Reserve officials agreed that inflation is likely to continue to slow this year, but also saw a heightened risk of persistent price pressures as policymakers begin to deal with the impact of the incoming Trump administration's policies, according to the Fed's December meeting notes. Participants expected inflation to continue to move toward 2 percent, although they pointed to recent higher-than-expected inflation data, as well as trade and immigration...
The Fed's September meeting notes will be released at 2:00am on Thursday. "In addition to the rate cut at the September meeting, we also received new economic forecasts pointing to a soft landing in 2026 for the US economy, with growth around 2 per cent and inflation close to target," said Sweden's Nordosan Bank (SEB). Interest rate forecasts show two rate cuts of 25 basis points before the end of this year and 100 basis points in 2025. In meeting notes, on future rate cuts...
Fed Governor Bowman said it was appropriate to agree at the September meeting to readjust the level of the federal funds rate, but preferred to implement a smaller rate cut for the first time; worried that the Fed's larger policy actions could be prematurely interpreted as a victory statement against inflation; spending data continue to grow solidly; inflation above target remains a concern; the economy remains strong and the labor market is close to full employment; respect and appreciate colle...
On August 28th, the Federal Reserve's discount rate meeting notes released on Tuesday showed that the board members responsible for overseeing the Chicago and New York Fed voted in favor of cutting the discount rate by 25 basis points in July. In last month's vote, 10 of the 12 regional Federal Reserve banks wanted to keep the discount rate at 5.5%, while the Chicago and New York Fed wanted to cut it to 5.25%. The Federal Reserve maintained its target range for interest rates at 5.25% -5.5% at i...
Fed meeting notes: "Several" members saw a case for a rate cut at the July meeting.
"Several" members saw the case for a rate cut at the July meeting, according to Fed meeting notes.
Federal Reserve Chairperson Powell said that interest rate cuts may be discussed at the September meeting; the Federal Reserve is getting closer to cutting interest rates; it is generally believed that the Federal Reserve is getting closer to cutting interest rates, but it has not yet reached that point; from now until the September FOMC monetary policy meeting, the Federal Reserve will also have a lot of data.
OPEC + delegates do not expect any changes to the oil production increase plan at the August meeting.