Federal Open Market Committee

President Donald Trump's relentless criticism of Federal Reserve Chair Jerome Powell is a calculated move to weaken the U.S. dollar, according to Ed Yardeni, president of Yardeni Research. What Happened: Trump's attacks on Powell aim to pressure the Fed chair into cutting interest rates or...

U.S. stock futures were trading higher on Monday following Friday’s sharp declines. Futures of major benchmark indices were higher in premarket. Iran retaliated against Israel's Operation "Rising Lion," which began on Thursday, following which President Donald Trump issued a stern warning to...

The Federal Open Market Committee’s meeting begins today and the market consensus expects the central bank to hold key interest rates in the range of 4.25% to 4.50%. Despite this, analysts believe that Chairman Jerome Powell could pivot to a measured stance while being on standby as the White...

After Wednesday’s “everything rally” spurred by the election results, investors took a less euphoric approach on Thursday ahead of the Federal Open Market Committee (FOMC) meeting. The Fed is widely expected to cut interest rates by 25 basis points, bringing them to a range of 4.5...

Federal Reserve Governor Michelle W. Bowman defended her decision on Friday to withhold support for a 50-basis-point interest rate cut during this week’s Federal Open Market Committee’s meeting. Instead, Bowman advocated for a more measured approach and was the lone vote for a 25-basis-...

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, breached Federal Open Market Committee rules and Reserve Bank policies, according to a report by the central bank's Office of Inspector General. What Happened: The investigation, initiated by Fed Chair Jerome Powell, found that...

Investors and analysts eagerly await the July Federal Open Market Committee (FOMC) decision on whether the federal funds rate will be cut. What Happened: The July FOMC meeting is held July 30 and 31 and will likely be the eighth straight meeting with federal funds rates remaining the same at 5.25%...

Benzinga polled its readers to see what they thought ahead of the June Federal Open Market Committee (FOMC) on Wednesday. "How do you expect this decision to impact the stock market in the short term?" Benzinga asked. Only 31% of respondents believed Wednesday's FOMC decision would have a positive...

The Federal Reserve‘s policy-setting arm, the Federal Open Market Committee, kicks off a two-day meeting on Tuesday, with the futures market pricing in another pause decision. Tesla investor and CEO of Gerber Kawasaki Wealth and Investment Management, Ross Gerber,...

Gold prices fell on Monday and continues to remain below the $2,000 per ounce mark as the Federal Reserve is scheduled to announce its decision on interest rates this week. What Happened: Spot gold was trading at $1,988.80 per ounce during Monday afternoon Asian trade, down 0.48%. The yellow metal...

Major coins traded in the red on Monday amid growing apprehension among investors, who are keeping a close watch on the Federal Open Market Committee (FOMC) meeting scheduled for next week. Cryptocurrency Gains (+/-) Price (Recorded 9:30 p.m. EST) Bitcoin (CRYPTO: BTC) -1.06% $27,460...

Following days of strong gains, the stock market is having a quite session, as investors await the FOMC's monetary policy announcement later in the day. The market has nearly fully discounted a 25-basis-point hike today, but the attention will be on the Fed's future rate guidance...

It's a day of deep risk-on in markets, with stocks posting strong gains, bonds and gold plunging as Treasury yields climbed, after Treasury Secretary Janet Yellen injected confidence into the banking system. The Treasury Department is also reportedly considering options to temporarily...

The Federal Open Market Committee, the monetary policy-setting arm of the central bank, is scheduled to kickstart a two-day meeting on Tuesday. Ahead of the meeting, Pershing Square’s Bill Ackman chimed in on what the Fed should be doing in the wake of the recent adverse developments....

The risk mood on Wall Street recovered Monday, with major equity indices posting gains. Some of the positive sentiment is attributable to the coordinated action announced by five of the world’s biggest central banks to ease liquidity strains.  Cues From Past Week’s Trading:...