Inflation Pressures Are Easing but Rate Cut Forecast Remains Uncertain

The New Year is beginning where the old one ended -- with uncertainty about when – or whether – the Federal Reserve will begin cutting interest rates.

Read More

Details

To a summer that has been sizzling in many parts of the country, the Department of Labor’s July employment report delivered some additional heat.

Details

Since the Federal Reserve boosted interest rates in March, additional rate moves this year have been pretty much a foregone conclusion. That the Federal Open Market Committee (FOMC), the Fed’s policy-making arm, will increase rates at its mid-June meeting remains the consensus view, but the conclusion is somewhat less foregone than it has been.

Details

Predictions that the Fed would increase interest rates at its June meeting were virtually unanimous, and the Federal Open Market Committee, the Fed’s policy-making arm, didn’t surprise or disappoint. 

Details

The Federal Reserve left interest rates unchanged at is April meeting, but remains on course to boost rates at least twice before the end of this year.