News list for " Reserve this week"
The Federal Reserve is expected to keep interest rates on hold this week, giving itself more time to reduce inflation and assess the impact of President Trump's policies on the economy. The Fed has cut interest rates three times in a row since September, a cumulative 1 percentage point cut. The Fed currently has a base rate range of 4.25% to 4.5%. Several policymakers have said they expect fewer rate cuts this year as data show the U.S. economy is performing solidly and inflation is higher than....
Mitsubishi UFJ said the yen could appreciate further against the dollar if the Fed's meeting notes this week and Fed Chairperson Jerome Powell's remarks on Friday depress U.S. Treasury yields. Analyst Derek Halpenny said in a note that meeting notes could provide an indicator of the magnitude of interest rate cuts expected in September. Powell's remarks at the Jackson Hole symposium on Friday could also indicate that the Fed is preparing to cut rates. These events are important in determining wh...
