The benchmark Federal Funds Rate, which controls the cost of short-term borrowing like credit cards and auto loans, currently is 3.75% to 4%. The FOMC held the rate steady for most of the year. This ...

The forecasts will offer a glimpse of the path for policy at a highly uncertain moment for economy — and the central bank.

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The Federal Reserve made no changes to its median interest-rate projections, with a quarter-point reduction still penciled in for next year, according to the Summary of Economic Projections published ...

Bonds lost some ground after this morning's economic data, arguably in response to the Retail Sales control group beating its forecast. Higher-than-expected import prices could also have played a ...

With today's Federal Reserve rate decision seen as a foregone conclusion, many investors will look to the central bank's economic and interest-rate projections for a sense of how eager Chair Jerome ...

The Fed's dot-plot shows a split over whether to the central bank should cut rates three times this year. According to the Fed's "dot-plot" three were 9 officials who wanted only 2 cuts or less. There ...

Follow live coverage of the Federal Reserve's December interest rate decision; the Summary of Economic Projections, or dot ...

WASHINGTON, Dec 10 (Reuters) - A sharply divided Federal Reserve cut interest rates on Wednesday but signaled borrowing costs ...

Asian markets slipped as investors awaited the Fed decision and dot plot, while easing yen-carry unwind fears and mixed China inflation data influenced sentiment.

Richard Moody, chief economist at Regions Financial Corp., said the Fed’s interest-rate committee has become more divided in recent months. These divisions will be easy to spot in the Fed’s new ...