Federal Reserve

Fed Still due for Single Rate Hike, Then Hold: St. Louis Fed's Bullard

ST. LOUIS (Reuters) - The U.S. economy will remain in a low interest rate "regime" for perhaps two to three more years, St. Louis Federal Reserve President James Bullard said on Thursday, repeating his call that a single interest rate increase would be adequate for the foreseeable future.

Fed Still due for Single Rate Hike, Then Hold: St. Louis Fed's Bullard

ST. LOUIS (Reuters) - The U.S. economy will remain in a low interest rate "regime" for perhaps two to three more years, St. Louis Federal Reserve President James Bullard said on Thursday, repeating his call that a single interest rate increase would be adequate for the foreseeable future.

Trump Win Casts Doubt on Fed's Plans to Hike Interest Rates

Donald Trump's victory in the U.S. presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years.

Trump Win Casts Doubt on Fed's Plans to Hike Interest Rates

Donald Trump's victory in the U.S. presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years.

Text of the Fed's statement after its meeting Wednesday

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year.

Text of the Fed's statement after its meeting Wednesday

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year.