Federal Reserve Board

Federal Reserve Board Concludes Meeting

The Federal Reserve Board concludes their two-day July meeting a week from today, with no move expected in interest rates. CME FedWatch Tool shows an 83% chance the Fed will leave rates unchanged, still a 17% chance of a small rate hike. Now, the Fed doesn’t meet in August. CME, though, is looking for some action at the September 15th-16th …

Federal Reserve Board

Federal Reserve Board to Meet In Late July

Federal Reserve Board opens its two-day June meeting today. Very little chance of any interest rate cut. The Feds last met in late April. Jerome Powell’s last meeting as chairman, Kevin Warsh, was sworn in on May 22, becoming the 17th chairman of the board. Recent economic reports, escalation of action in Iran, leaving very little chance of any Fed …