Federal Reserve

With Fed expected to hike interest rate, attention turns to the future

WASHINGTON (AP) — There isn’t much doubt about what the Federal Reserve will do when its latest policy meeting ends today: It’s all but certain to raise its benchmark interest rate — its first increase in a year. The real anticipation surrounds what Fed officials may or may not say about the pace of future [...]

By MARTIN CRUTSINGER - Associated Press|2016-12-15T11:17:48-05:00Wednesday, December 14, 2016|

Some Federal Reserve voting members hold more influence than other members

WASHINGTON (AP) — Janet Yellen’s Federal Reserve has demonstrated one of the core tenets of central banking: On the Fed panel that sets interest rates, some votes are more equal than others. The panel — the Federal Open Market Committee — voted Wednesday to keep rates unchanged, something it’s done for six straight meetings. What [...]

By MARTIN CRUTSINGER - Associated Press|2017-04-24T10:05:52-04:00Monday, September 26, 2016|