Fed sets process to wind down $4.5 trillion balance sheet CNBC Federal Reserve officials appear to be in synch on how they plan to unravel the mammoth stimulus implemented during the financial crisis.
US Federal Reserve System raises base interest rate to 0.75-1% TASS – Mar 15, 2017 WASHINGTON, March 15. /TASS/. The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 basis points to 0.75-1%, the Federal Open Market Committee said Wednesday after the meeting.
The Federal Funds Rate And How It Impacts You Benzinga – Mar 15, 2017 The Federal Reserve has control over the federal funds rate. The federal funds rate is a specific interest rate that dictates the interest rate charged on funds borrowed overnight by major financial institutions.
US Federal Reserve Meeting Minutes for Feb. 1 (Text) Bloomberg – Feb 22, 2017 Minutes of the Federal Open Market Committee January 31-February 1, 2017 A joint meeting of the Federal Open Market Committee and the Board of Governors was held in the offices of the Board of Governors of the Federal Reserve System in Washington, …
Janet Yellen Says Interest Rates Could Rise “Relatively Soon” Fox Business – 16 hours ago The good news keeps rolling in for banks. On Thursday, the chairwoman of the Federal Reserve, Janet Yellen, told Congress that an interest rate hike “could well become appropriate relatively soon.