Rate Environment (August 8, 2016)
Chicago Fed President Evans said a rate increase could be warranted this year as the economy picks up steam, even though he’s still worried inflation is too low. “I do think that perhaps one rate increase could be appropriate this year,” Evans told reporters. Read More Here
Read MoreFOMC Leaves Rates Unchanged; Economic Picture Improving
Once again, the Federal Open Market Committee (FOMC) decided to maintain the target range for federal funds at 0.25 percent to 0.50 percent following a meeting in Washington. Read More Here
Read MoreRate Environment (June 6, 2016)
Charles Evans, the Chicago Fed president, said two rate hikes are likely in 2016. “Timing’s not really that critical for my viewpoint, as long as by the end of this year we’re at just a little under 1 percent,” Evans added. Read More Here
Read MoreRate Environment (May 30, 2016)
Fed Chair Yellen said the ongoing improvement in the economy would warrant another rate increase “in the coming months,” though she stopped short of endorsing June. Read More Here
Read MoreRate Environment (April 18, 2016)
Federal Reserve Bank of Atlanta President Dennis Lockhart said he will not push for a rate increase this month in light of weakening growth and still-low inflation. Read More Here
Read MoreFOMC Leaves Rates Alone; Scales Back Forecasts
The Federal Open Market Committee (FOMC) kept the target range for the fed funds rate at 0.25 percent to 0.50 percent, and scaled back forecasts for how high interest rates will rise this year. Read More Here
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