Powell speech: Will continue to make decisions meeting by meeting

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.

Powell speech: Unexpected weakness in labor market could call for a response

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.

Powell speech: We are prepared to adjust policy as appropriate

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.

Powell speech: Wages still running above a sustainable path

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.

Jerome Powell comments on rate outlook after keeping policy settings unchanged

The US Federal Reserve (Fed) will announce monetary policy decisions following the June policy meeting and release the revised Summary of Economic Projections (SEP), the so-called dot plot, on Wednesday.

Powell speech: Readings like today's CPI is a step in the right direction

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.

Powell speech: Not at a point of giving dates for rate cuts

Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% and responds to questions in the post-meeting press conference.

US Dollar trims losses after Powell's cautious words

On Wednesday, the US Dollar Index (DXY) saw a downward trend following the release of US Consumer Price Index (CPI) data and ahead of the Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) decision.

Dow Jones Industrial Average ends Wednesday slightly lower after Fed leans away from cuts

The Dow Jones soared over 350 points in early Wednesday trading after US Consumer Price Index (CPI) inflation receded faster than expected, but investors are pulling back ahead of the Federal Reserve’s (Fed) latest rate call that will bring a hotly-anticipated update to the Fed’s “dot plot” of Interest Rate Expectations.

Canadian Dollar trims gains against Greenback after Fed sees fewer 2024 rate cuts

The Canadian Dollar (CAD) is broadly lower on Wednesday, falling against most of its competitors as CAD interest flounders.