Explore why inflation forecasts remain challenging as persistent overshooting raises questions about the Fed's strategy. Read ...
The chance that the Federal Reserve will boost interest rates this year to limit inflation is higher than the near-zero level ...
Deposit costs declining, and sticky loan yields may boost Tompkins' margins in 1Q. Read here for insights on loan growth ...
While the report didn't have much guidance about the outlook for monetary policy, it did acknowledge that the current 4.25-4.50% federal funds target rate range was consistent with the level ...
The Federal Reserve began the new year by keeping the federal funds ... target of 2% without causing the economy to freeze up. Given current economic and market conditions, the Fed may only cut ...
Consumer borrowing rates tied to the key federal-funds rate will likely stop falling ... Inflation is still a little above target, and economic growth looks strong. There’s no rush to cut.
The dollar posted moderate gains Wednesday after the Fed kept interest rates unchanged and removed ... the FOMC voted unanimously to keep the fed funds target range unchanged at 4.25%-4.50% ...
Starting in September, the FOMC lowered the federal funds rate three times in late 2024, ending the year with a target range of 4.25% to 4.50%. That flurry of activity, however, was preceded by 14 ...
The central bank voted Wednesday to keep the federal funds rate at a target range of 4.25% to 4.50%, noting in its press release, "Inflation remains somewhat elevated." Inflation rose 2.9% year ...