The Federal Reserve reported that information received since the Federal Open Market Committee met in September indicates that the labor market remains strong. read more

NOV 22, 2019 - 6:15 am

The FOMC maintained the target range of the fed funds rate, noting key indicators of longer-term inflation have changed little since its June meeting in June. read more

AUG 6, 2018 - 6:30 am

The Federal Reserve issued a statement saying, “The federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.” read more

NOV 3, 2017 - 7:05 am

The FOMC decided at its most recent meeting to maintain the target range for the fed funds rate at 1/4 to 1/2%. The committee noted household spending has been growing strongly, but business fixed investment remained soft. read more

SEP 22, 2016 - 6:56 am

Bloomberg reported that the June FOMC meeting will focus on economic momentum heading into midyear. read more

JUN 17, 2015 - 7:50 am

Bloomberg reported the Federal Reserve confirmed being “patient” on interest rates means no increase before late April. Risks from overseas are largely offset by domestic strength. read more

JAN 8, 2015 - 12:23 am