Federal Open Market Committee

S&P Global Says Companies Raising Prices Amid Increased Input Costs
S&P Global Says Companies Raising Prices Amid Increased Input Costs
September 23, 2024  |  Economy

September has seen prices rise at the fastest rate in six months, S&P Global said Monday (Sept. 23), attributing it to increasing input cost growth....

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Bitcoin Surges to 17-Month High Before Retreating
Bitcoin Surges to 17-Month High Before Retreating
November 01, 2023  |  Bitcoin

Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark.  The cryptocurrency jumped around 1.5% to...

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Federal Reserve Bank of St. Louis President James Bullard Resigns for Purdue Job
Federal Reserve Bank of St. Louis President James Bullard Resigns for Purdue Job
July 13, 2023  |  Personnel

James Bullard, president and CEO of the Federal Reserve Bank of St. Louis, has announced his resignation. Bullard stepped down from those roles Thursday (July 13)...

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Fed Signals Readiness To Act As Coronavirus Escalates
Fed Signals Readiness To Act As Coronavirus Escalates
November 05, 2020  |  Economy

The Federal Reserve’s Thursday (Nov. 5) statement from the Federal Open Market Committee (FOMC) affirms its position to use the “full range” of tools at...

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Fed Expects 6.5 Pct Drop In GDP This Year
Fed Expects 6.5 Pct Drop In GDP This Year
June 10, 2020  |  Economy

The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic...

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Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
April 29, 2020  |  Economy

Federal Reserve Chairman Jerome Powell said Wednesday (April 29) that the Fed will “not be in any hurry to withdraw [monetary stimulus] … until we’re...

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