Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns The Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for the central bank, a top economist said. The Bloomberg US Financial Conditions Index indicates that the availability and cost of credit across money, 06/1/2024 - 10:55 am | View Link
Inflation Remains Steady, With Signs of Further Cooling The Personal Consumption Expenditures price index rose 2.7 percent from a year earlier, the same level as in March. After stripping out volatile food and fuel prices for a clearer reading of price trends — called the core index — inflation remained steady at 2.8 percent on an annual basis. 05/31/2024 - 4:11 am | View Link
The Fed The FOMC holds eight regularly scheduled meetings during the year and other meetings as needed. Links to policy statements and minutes are in the calendars below. The minutes of regularly scheduled meetings are released three weeks after the date of the policy decision. Committee membership changes at the first regularly scheduled meeting of ... 05/30/2024 - 12:29 am | View Link
Federal Reserve Board Monetary policy in the United States comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates--the economic goals the Congress has instructed the Federal Reserve to pursue. 05/29/2024 - 8:26 pm | View Link
Federal Reserve System: What It Is and How It Works The Federal Reserve System is the central banking system of the United States. The Fed uses the system and the tools it has to set interest rates and regulate the money supply to accomplish... 05/29/2024 - 12:55 pm | View Link
Federal Reserve News What Happened Today at the Fed Meeting Federal Reserve News. What Happened Today at the Fed Meeting. The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly... 05/29/2024 - 6:36 am | View Link
Federal Reserve Board The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; 05/29/2024 - 1:06 am | View Link