FOMC Holds Rates Steady

The Federal Open Market Committee held interest rates steady yesterday–as many forecasters had predicted.

Fed Adds 25 Basis Points to Federal Funds Rate

The Federal Open Market on Wednesday raised the federal funds rate by another 25 basis points, a move widely anticipated by analysts and financial markets.

Fed Raises Funds Rate 25 Basis Points

The Federal Open Market Committee telegraphed its intentions weeks ago; on Wednesday, to no one’s surprise, it raised the federal funds rate by 25 basis points.

MBA Chart of the Week Dec. 16, 2022: Federal Funds Rate Projections

In an effort to increase transparency after the Great Recession, one of the Federal Open Market Committee communication initiatives under Chairman Ben Bernanke was to publish individual members’ assessments of the economy in the Summary of Economic Projections. In this week’s MBA Chart of the Week, we track changes in policymakers’ quarterly published SEP forecasts of the federal funds rate over the past eight quarters.

Fed Slows Pace of Rate Hikes, But Hints at More

In its final policy meeting of an eventful year, the Federal Open Market Committee on Wednesday raised the federal funds rate for the seventh straight meeting, but by 50 basis points instead of 75 basis points, as it had for the past four times.

Fed Raises Rate to 15-Year High

The Federal Open Market Committee, as expected, raised the federal funds rate by 75 basis points on Wednesday to its highest level since 2008.

MBA Chart of the Week Sept. 23, 2022–Fed Dot Plots

In response to inflation continuing to run well above its target of 2%, the Federal Reserve this week again raised the federal funds target by 75 basis points. Now at 3%, the rate above what most FOMC members consider to be the long-term level and should be effective in reducing demand and slowing inflation over time.

Fed Approves 1st Rate Hike in 4 Years

The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.

Fed Approves 1st Rate Hike in 4 Years

The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.

Fed Moves Up Timetables

The Federal Open Market Committee on Wednesday said it would speed up its tapering of agency mortgage-backed securities and hinted its timetable for raising the federal funds rate could move up as well.