Tag: Federal Open Market Committee

The Week Ahead, Mar. 20, 2023: The Fed and More Housing Reports

The Federal Open Market Committee meets this Tuesday, Mar. 21 and Wednesday, Mar. 22 amid remarkable conditions: persistent inflation, persistent job and wage growth, persistent economic volatility—and, as of last week, the collapse of two major financial institutions (Silicon Valley Bank and Signature Bank) and shaky conditions with at least two other institutions.

| By Mike Sorohan

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.

| By Mike Sorohan

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.

| By Mike Sorohan

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.

| By Mike Sorohan

November CPI Posts Welcome ‘Modest’ Increase

It’s not often that “modest” has economic significance, but when it refers to inflation as of late, then “modest” is perhaps a welcome description.

| By Mike Sorohan

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.

| By Mike Sorohan