Fed Holds Rates Steady Again

The Federal Reserve again held rates steady July 31, noting that there has been “some further progress toward the Committee’s 2% inflation objective” over the past few months.

Fed Holds Rates Steady

The Federal Reserve held rates steady Wednesday and now projects only one rate cut in 2024.

MBA Chart of the Week: Monthly Payroll Growth, Average Hourly Earnings

The Federal Open Market Committee (FOMC) left the federal funds target unchanged at its May meeting, as incoming data regarding the strength of the economy and stubbornly high inflation have resulted in a shift in the expected timing of a first rate cut.

Fed Raises Key Interest Rate by 25 Basis Points

The Federal Reserve’s Federal Open Market Committee increased short-term rates at its July meeting, responding to high but moderating inflation and a job market that remains quite strong.

Fed Keeps Rates Steady But Options Open

The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.