Next week, the Federal Open Market Committee meets to decide on the direction of monetary policy. Currently, the fed funds rate sits at 0.25% to 0.5%.
The Federal Open Market Committee (FOMC) influences reserve availability using open market operations by adding or removing reserves from the banking system.
Will the Fed raise its targeted federal funds rate in September? The world will know after it meets in mid-September. Is it time to put away the punch bowl?
With the Fed not raising its targeted federal funds rate on Wednesday, investors in certificates of deposit will have to wait on the prospect of higher short-term interest rates.
Janet Yellen and her Federal Reserve colleagues are still looking for the right time to raise interest rates.
The Fed is likely to modify the phrasing of its policy statement to signal that an increase in the targeted federal funds rate is not a “considerable time” off in the future.
Fed Chair Yellen discusses weakness remaining in the job market and how it affects interest rates.
The Fed’s Monetary Policy Report on stretched valuations in certain sectors moves markets.
Fed Chair Janet Yellen says she doesn’t see a need for U.S. monetary policy to shy away from the status quo.
Even though the Federal Reserve chopped its 2014 growth outlook, Chair Janet Yellen is sticking to the central bank’s playbook.