Fed FOMC meet

Decisive moment arrives with $4 trillion stocks rally at stake

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Decisive moment arrives with trillion stocks rally at stake

Investors are facing a pivotal week as a key measure of inflation that hits Tuesday and the Federal Reserve’s interest-rate decision on Wednesday are expected to set the tone for the stock market and economy heading into 2024. Growing speculation that the Fed is done hiking rates and will start cutting by mid-year is fueling … Read more

Fed says progress made towards conditions for tapering bond buys

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Fed says progress made towards conditions for tapering bond buys

Federal Reserve officials indicated they have begun discussing when to tap the brakes on their robust support for the U.S. economy amid an inflation surge, even as the delta variant of the coronavirus poses a increasing threat to growth. The central bank kept the target range for its benchmark policy rate unchanged at zero to … Read more