With the Fed cutting rates for the first time since the financial crisis, there are a lot of monetary policy moves to monitor. You can count on "Fed Watch" to bring you all the latest updates on the economic data shaping central bank policies.
With the Fed cutting rates for the first time since the financial crisis, there are a lot of monetary policy moves to monitor. You can count on "Fed Watch" to bring you all the latest updates on the economic data shaping central bank policies.

Sign in to your account

Don't have an account? Register here
Sign in

Fed Hold Rates Near Zero as Economy Makes Progress

|

The Fed is holding rates steady near zero and maintaining its asset purchase program, promising to provide advance notice before making any changes.  Chair Jay Powell applauded strengthening employment & economic activity, but he didn't give a number to target for maximum employment or offer specifics about tapering timing or what exactly constitutes "substantial further progress."  

Topics