Bond traders have a decent record when it comes to nailing the Federal Reserve鈥檚 path relative to official guidance. So while Chairman Jerome Powell says the policy rate is 鈥渋n a good place,鈥 history suggests his next move could align with what futures are showing 鈥 a rate cut.
March 21, 2019GovernmentBusiness
Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two
The Federal Reserve raised borrowing costs for the fourth time this year Dec. 19, ignoring a stock market sell-off and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.
December 19, 2018Government
Fed Raises Rates for Third Time This Year With One More Expected
WASHINGTON 鈥 The Federal Reserve signaled its confidence in the U.S. economy Sept. 26 by raising a key interest rate for a third time this year, forecasting another rate hike before year鈥檚 end.
September 27, 2018GovernmentBusiness
Fed Leaves Interest Rates Unchanged
Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases.
May 2, 2018