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Keyword: fedpresser

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  • Fed Rates Seen On Hold; But Yellen May Signal June Gloom

    03/16/2016 3:24:57 AM PDT · by expat_panama · 7 replies
    Investors Business Daily ^ | March 15, 2016 | ED CARSON
    The Federal Reserve is expected to keep interest rates unchanged at the end of its two-day policy meeting on Wednesday, but policymakers may signal fresh monetary action in the next few months, perhaps in June. The Fed will issue its policy statement at 2 p.m. ET, along with new economic forecasts. Fed Chairwoman will hold a news conference at 2:30 p.m. The central bank raised rates for the first time in nearly a decade in December. But financial market turmoil, perhaps partially fueled by that December move, along with weaker economic data spurred policymakers to hold off on further tightening...