News list for " Reserve Bank of America"
Federal Reserve policymakers said at a meeting about a week after Trump's inauguration on January 20 that Trump's initial policy recommendations raised concerns about rising inflation at the central bank. According to published meeting notes, participants "generally pointed to upside risks to the inflation outlook" rather than risks to the job market. "Participants specifically cited potential changes in trade and immigration policy, the potential for geopolitical developments to disrupt supply ...
U.S. short-term interest rate futures were little changed after the release of Federal Reserve meeting notes, still showing traders betting 25 basis points on a rate cut next month.
Fed discount rate meeting notes: Chicago Fed and New York Fed directors support rate cuts.
Federal Reserve meeting notes: Several participants said that if inflation persists at higher levels or rises further, interest rates may need to be raised.
