• Fed's language points to gradual rate hikes, says U.S. Bank's Eric Wiegand

    7 days ago - By Reuters

    Interest rates are still relatively low, says Eric Wiegand, senior portfolio manager at U.S. Bank. Aleksandra Michalska reports.
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  • Housing sentiment hits lowest level in a year

    7 days ago - By CNBC

    CNBC's Diana Olick reports on housing sentiment as the Federal Reserve signals it plans to hike interest rates again in December.
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  • Fed leaves key rate unchanged but sees further hikes ahead

    7 days ago - By Chron

    WASHINGTON - The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate hike is expected in December.
    The Fed kept its benchmark rate in a range of 2 percent to 2.25 percent. A statement it issued Thursday after its latest policy meeting portrayed the economy as robust, with healthy job growth, low unemployment, solid consumer spending and inflation near the Fed's 2 percent target.
    Despite a U.S. trade war with key nations, weaker corporate investment and a sluggish housing...
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  • Fed holds rates steady, sees economy on track

    7 days ago - By Reuters

    The U.S. Federal Reserve held interest rates steady on Thursday and said ongoing strong job gains and household spending had kept the economy on track.
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  • Federal Reserve keeps interest rates the same, but December hike likely

    7 days ago - By Washington Post

    The U.S. economy looks very strong on almost every front, the Fed said several times in a statement released Thursday.
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  • Traders keep bets on U.S. Fed's 2019 interest rate rises

    7 days ago - By Reuters

    Traders of U.S. short-term interest-rate futures on Wednesday stuck with bets the Federal Reserve will raise rates once more this year and twice next year after the U.S. central bank ended a two-day meeting, as expected, with no change to interest rates.
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  • Fed leaves interest rates unchanged, expects to continue increasing gradually

    Fed leaves interest rates unchanged, expects to continue increasing gradually

    7 days ago - By Business Insider

    The Federal Reserve kept its benchmark interest rate unchanged as expected at a two-day meeting concluded Thursday, signaling that it will continue to gradually raise rates if economic growth stays on track.
    In its statement, the Fed acknowledged that consumer spending continues to grow strongly, although business investment has recently slowed.
    Traders are certain that the policy-setting Federal Open Market Committee will next raise interest rates in December - a decision that will almost immediately lift borrowing costs for Americans with credit cards and other short-term loans. The...
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  • Here comes the Fed

    Here comes the Fed

    7 days ago - By Business Insider

    At 2 p.m. ET, the Federal Reserve will release a policy statement that's widely expected to show officials decided not to increase their benchmark interest rate.
    The policy-setting Federal Open Market Committee concluded a two-day meeting Thursday.
    Traders are certain that the FOMC will next raise interest rates in December - a decision that will almost immediately lift borrowing costs for Americans with credit cards and other short-term loans. The market has priced in a 78% probability that the FOMC will raise the benchmark fed funds rate to a range of 2.25%-2.5% at its meeting in...
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  • S&P 500 edges lower ahead of Fed decision

    7 days ago - By Reuters

    The S&P 500 inched lower on Thursday, as disappointing results from a slew of companies, including Qualcomm Inc, countered gains in bank stocks ahead of the Federal Reserve's interest rate decision.
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  • Weak results keep S&P, Nasdaq lower ahead of Fed decision

    7 days ago - By Reuters

    The S&P 500 and the Nasdaq edged lower on Thursday, as weak earnings reports and caution ahead of the Federal Reserve's interest rate decision stalled a rally from the previous session, which was spurred by the outcome for midterm elections.
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  • Katherine Reynolds Lewis: 7 ways the Fed's decisions on interest rates affect you

    7 days ago - By Stl Today

    When the Federal Reserve raises interest rates, you feel it. "The Federal Reserve has its fingers in your pocketbook to a greater degree than the IRS," says Michael Reese, a certified financial planner in Traverse City, Mich. In September, the...
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