Wall Street will look for clues on future policy moves, taking queues from Chair Jerome Powell's comments following the decision.
From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted by Fed moves.
Respondents to the May CNBC Fed Survey still believe the Fed will cut interest rates this year and next.
The S&P 500 ended a nine-day winning run on Monday as the major averages slid.
Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent. Market participants currently expect the FOMC to also be on hold at the …
The key report scheduled for this week is the March trade balance.
The FOMC meets this week and no change to the Fed funds rate is expected.
----- Monday, May 5th -----
10:00 AM: the ISM Services…
Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both through March 2025.
CPI Shelter was up 4.0% year-over-year in March , do…
Donald Trump ally Kevin Warsh says US central bank failed to contain worst inflationary bout in a generation
Big investors warn of risks to world’s largest and most liquid bond market from US president’s attacks on central bank
The Cleveland Fed president said Thursday she thinks policymakers need to be patient rather than pre-emptive.