At the end of each FOMC meeting, the Fed releases a short statement outlining its current take on the state of the economy. About every six weeks, its Federal Open Market Committee (FOMC ...
A strong dollar would be problematic considering how over-valued it is and the widening U.S. current account deficit. It ...
Key among them is a 1933 amendment that created the Federal Open Market Committee — or the FOMC — within the Federal Reserve, as well as a 1977 amendment establishing what's referred to as the ...
Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the ...
The FOMC maintains a strong commitment to its objective ... Unemployment has risen to 4.1%—the highest level since February 2018. Recognizing the rising risks of economic slowdown, the Federal ...
The FOMC decision on whether to start tapering or not is likely to be the deciding factor for the near-term direction of the US Dollar. Market players anticipate the central bank to announce ...
Historically, the party not in control of the White House performs stronger in the midterms, and 2018 could continue the trend. Many of the critical battles will be fought in the suburbs ...
Market analyst Justin Bennett predicts potential Bitcoin volatility ahead of the FOMC meeting minutes release. Bennett warns of a bearish scenario for Bitcoin, eyeing key levels of $59,000 and $ ...
Federal Reserve Chair Jerome Powell is unlikely to win another big interest-rate cut from his policy committee so long as the labor market holds up. Powell described the move as a recalibration ...
"When is the next Fed meeting?" is a question that hasn't weighed this heavily on anxious investors' minds in probably four decades. Which is fair enough, really. The worst bout of inflation to ...
Investing.com - The U.S. dollar stabilized near a seven-week high Thursday ahead of a key inflation report, while the euro languished near recent lows. At 04:15 ET (08:15 GMT), the Dollar Index ...
The market’s attention is shifting toward the release of the Federal Open Market Committee’s (FOMC) minutes from their September meeting on Oct. 9 and consumer price index (CPI) data a day later.