US interest rates

U.S. consumers were seen boosting spending in July marking a robust start to consumer spending for the third quarter beginning. The data comes in the backdrop of the stronger labor market and high consumer confidence. Confidence remains… Read More

The Federal Reserve released the May FOMC minutes last week. The minutes were released with the usual delay of three weeks after the monetary policy meeting. According to the meeting minutes, officials had earlier this month suggested that… Read More

The FOMC will be holding its two day meeting which concludes today. Heading into the event, the futures markets have assigned a near 90% probability of a 25 basis point rate hike at today's monetary policy meeting. While this looks… Read More

The U.S. Federal Reserve will be concluding its two-day FOMC meeting on Wednesday this week. According to the futures markets, the 30-day Fed funds rate is expected to rise by 25 basis points, bringing the short term interest rates to 1.25%… Read More

Summary: Jerome Powell nominated to lead the Federal Reserve for the next five-year term FOMC vacancies exposes more inclination to the hawkish side FOMC doves, Kashkari and Evans expected to make way for hawks, John Williams… Read More

Summary: Federal Reserve hikes interest rates by 25 basis points as widely expected Short term interest rates now at 1.0% - 1.25% Central bank maintains the view that one more rate hike is appropriate this year No major… Read More

The U.S. Federal Reserve meeting on Wednesday is likely to overshadow all other economic events over the week. After nearly a month of the markets rallying in anticipation of a Fed rate hike, the markets are geared up for a second rate hike… Read More

Policymakers at the US Federal Reserve acknowledged that the case to hike interest rates continued to strengthen. Despite a split vote, many members were of the opinion that a rate hike should happen "relatively soon," reaffirming that the… Read More

Members of the Federal Reserve, open market committee, will be convening for the two-day Fed meeting on June 14 and 15th. The FOMC meeting will be closely watched across the equity, bond and currency markets. On the table is the question… Read More

In what is setting up to be the Historic event of the year, the US Federal Reserve prepares for its very first rate hike in over 9 years. With most of the economic data done with, the stage is set for the Fed to hike interest rates by 25bps… Read More