Fed's 'nearly balanced' language no bar to September rate rise Jul 30, 2015 04:29PM

By Howard Schneider

WASHINGTON (Reuters) - The U.S. Federal Reserve will not need to see balanced risks to the economy to proceed with an interest rate hike in September, according to former Fed officials and a review of central bank statements through recent turns in policy.

In its latest statement, released Wednesday, the Fed said it continued to judge the risks to the U.S. economy as "nearly balanced," meaning it still sees a greater threat of a new downturn than it... (continue reading...)


Bill Gross Predicts Rate Hike in September as Fed Seen 'Wising Up' Jul 30, 2015 11:19AM

Janus Capital's Bill Gross said in his latest Investment Outlook that he thinks the Fed will raise interest rates in September, unless there is a major global catastrophe. The Fed's rational for the rate hike isn't rising inflation, nor the continued downward push of unemployment to 5%.

Gross explained, "The reason will be that the central bankers that are charged with leading the global financial markets – the Fed and the BOE for now – are wising up; that the Taylor... (continue reading...)


Fed sees improving economy, job market; September rate hike in view Jul 29, 2015 02:04PM

By Howard Schneider and Michael Flaherty

WASHINGTON, July 29 (Reuters) - The U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September.

Following a two-day policy meeting, Fed officials said they felt the economy had overcome a first-quarter slowdown and was "expanding moderately" despite a downturn in the energy sector and... (continue reading...)


Full FOMC Statement: Rates to Rise After Some Further Job Market Improvement Jul 29, 2015 02:01PM

Information received since the Federal Open Market Committee met in June indicates that economic activity has been expanding moderately in recent months. Growth in household spending has been moderate and the housing sector has shown additional improvement; however, business fixed investment and net exports stayed soft. The labor market continued to improve, with solid job gains and declining unemployment. On balance, a range of labor market indicators suggests that... (continue reading...)


Fed says labor market continued to improve, job gains solid Jul 29, 2015 02:00PM

Fed says labor market continued to improve, job gains solid. Says rate to rise after "some further" job market improvement. Th Fed repeats risks to economy, job outlooks "nearly balanced."

Read the full statement here.


More Fed

View Older Stories

Jul 27, 2015 01:20PM Deflation threat returns to stalk investors and policymakers
Jul 24, 2015 11:47AM Fed staff sees one U.S. rate hike this year, inflation stuck in low gear
Jul 23, 2015 12:04PM BoE's McCafferty says must be careful not leave rate hike too late: MNI
Jul 22, 2015 10:14AM ECB increases emergency funding by 900 million euros
Jul 22, 2015 07:56AM Bank of England minutes show some rate-setters edging towards hike
Jul 20, 2015 04:16PM Obama picks University of Michigan economist Dominguez for Fed post
Jul 20, 2015 01:58PM Fed proposes two-phase roll out of GE Capital regulations
Jul 20, 2015 10:17AM Fed's Bullard says better than 50 percent chance of Fed hike in September: Fox
Jul 17, 2015 02:05PM Fed Proposes Rule to Modify Capital Planning and Stress Testing Regulations
Jul 17, 2015 02:02PM Fed proposes tweaks to stress test rules for banks
Jul 17, 2015 07:48AM BoE's Carney says will be right to raise rates as slack used up: local newspaper
Jul 17, 2015 06:38AM China's central bank to inject $48 billion into China Dev Bank: sources
Jul 16, 2015 04:22PM Fuss of Loomis Sayles says Fed could delay rate hikes till 2016
Jul 16, 2015 03:59PM Early read of banks' living wills shows progress: Fed's Yellen
Jul 16, 2015 01:29PM Fed's Williams vows more transparency after meeting with Fed Up
Jul 15, 2015 03:14PM Fed's Williams: 'The Recovery's Final Frontier?'
Jul 15, 2015 02:09PM U.S. economy expanding, cheap oil both a boost and drag: Fed
Jul 15, 2015 02:01PM Fed Says Most Districts Reported Modest-to-Moderate Growth in June - Beige Book
Jul 15, 2015 12:30PM Time to withdraw 'emergency' U.S. accommodation: Fed's Mester
Jul 15, 2015 11:03AM Delivering Alpha: Jeff Gundlach doesn't see the fed raising rates this year
Jul 15, 2015 08:34AM Yellen says economy on track, defends Fed 'transparency'
Jul 15, 2015 08:32AM Fed Chair Yellen's Semiannual Testimony to Congress (SPY) (DIA) (QQQ)
Jul 14, 2015 05:09PM BOJ may trim growth forecast, debate risks from China
Jul 14, 2015 07:32AM China's central bank says financial system stable
Jul 13, 2015 11:10AM Americans more upbeat on earnings, home prices: NY Fed survey
Jul 10, 2015 12:36PM Yellen Says it Will be Appropriate to Raise Rates This Year; Unexpected Events Could Speed, Delay Move
Jul 10, 2015 12:34PM Fed's Yellen says expects rate hike this year, but cites labor weakness
Jul 10, 2015 12:30PM U.S. wage growth only tepid so far, says Fed's Rosengren
Jul 10, 2015 11:38AM Fed rate hike possible this year; Greece looms: Rosengren
Jul 10, 2015 11:31AM Fed's Rosengen sees need to wait to see how Greek crisis unfolds before liftoff
Jul 10, 2015 09:20AM ECB likely to hold meeting on Greek ELA on Monday
Jul 10, 2015 07:21AM BOJ can wait to gauge China fallout before easing: Abe adviser Hamada
Jul 9, 2015 03:02PM Wall St. expects Fed to phase out portfolio reinvestments: survey
Jul 9, 2015 01:01PM Fed's Evans again said he favors delaying liftoff until mid-2016
Jul 9, 2015 10:11AM IMF says U.S. rate hike likely not influenced by Greece, China
Jul 9, 2015 10:09AM Fed's Brainard cites need for biggest U.S. banks to shrink
Jul 8, 2015 02:03PM FOMC Saw Conditions Still Approaching Those Warranting Liftoff; Officials Expressed Concern About Greece - June Minutes
Jul 5, 2015 04:27PM Greece, China Issues Weigh on Market Psychology
Jul 2, 2015 08:59AM Traders now betting Fed to wait until 2016 for first rate hike
Jul 2, 2015 07:40AM China central bank chief says to keep economy healthy
Jun 30, 2015 02:06PM Fed's Fischer Says Economy Likely Warrants Rate Hikes (SPY) (UUP)
Jun 19, 2015 11:47AM Fed's Williams Expects to Reach Full Labor Employment Later in 2015, Remains 'Wait-and-See' on Inflation
Jun 17, 2015 02:02PM Fed Says Labor Market Slack has 'Diminished Somewhat' - FOMC Statement
Jun 15, 2015 02:01PM Fed Comments on Starr Int'l vs. the United States Decision (AIG)
Jun 5, 2015 12:49PM UPDATE: Dudley Says Fed Still Likely to Start Raising Rates This Year
Jun 4, 2015 09:43AM UPDATE: IMF Urges Fed to Delay First Rate Iincrease Until H116 (FXE) (UUP)
Jun 3, 2015 03:30PM Fed's Evans Says Economy Continues to Need Some Accommodation
Jun 3, 2015 02:03PM Fed Says Employment Levels up Slighty During Survey Period - Beige Book
Jun 3, 2015 07:46AM ECB Benchmark Interest Rated Unchanged at 0.05%
Jun 1, 2015 11:34AM Bank of America (BAC) CEO Moynihan Sees Fed Rate Hike in September
View Older Stories