FOMC
US Growth Slowed to 1.5% While Core Inflation Stayed at 3.3%
Second-quarter GDP came in at 1.5%, below forecasts and slower than the first quarter, while core PCE inflation held at 3.3% for…
Three Fed Officials Voted to Raise Rates. That Is the Story, Not the Hold.
The Fed held at 3.50%-3.75% for a fifth meeting, but Hammack, Kashkari and Logan dissented for a hike. It is the largest…
Iran Fired Missiles After the Bell. The Fed Decides in the Morning.
Iran launched ballistic missiles at US positions after Tuesday close. All were intercepted, oil rose anyway, and the Fed publishes its decision…
Fed Meets With Rates Steady and Its Own Framework on Trial
The FOMC is expected to leave rates at 3.50%-3.75% for a fifth straight meeting, but the more consequential question is how far…