Plain English Powell Praises U.S. Economy After Rate Hike
June 15, 2018

Federal Reserve Chairman Jerome Powell signaled growing optimism on the U.S. economy while trying to reassure investors that the central bank would not derail the country’s second-longest expansion by aggressively tightening monetary policy.

Fed officials on Wednesday raised interest rates Continue reading

Fed Lifts Rates, Steepens Path Through 2020 for More Hikes
March 24, 2018
  • Split FOMC continues to see three rate increases in 2018
  • Policy makers boost economic growth forecasts for 2018, 2019

Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast Continue reading

BOE Raises Interest Rate for First Time in More Than Decade
November 4, 2017

Bank of England policy makers raised interest rates for the first time in a decade, yet expressed concern for Britain’s Brexit-dented economy by indicating that another increase isn’t imminent.

Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 Continue reading