55.22 0.00 (0.00%)
After hours: 4:01PM EDT
|Bid||54.75 x 200|
|Ask||0.00 x 0|
|Day's Range||55.17 - 55.24|
|52 Week Range||54.14 - 56.92|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.07%|
Not all members of the FOMC, according to the minutes of the meeting, were on the same page with respect to a December interest rate hike.
Bostic dealt with various reasons that have been cited as reasons for the lower level of inflation—even questioning the common ones.
In the long run, Williams said it would be difficult to predict how markets would react to the Fed's balance sheet unwinding program.
Bullard said that the current growth rate in the US economy is likely to remain consistent with recent quarterly growth—near the 2% mark.
In her post-meeting press conference, US Federal Reserve Chair Janet Yellen seemed less worried than expected about the current state of US inflation.
Slow US inflation growth has been a concern for the US Fed and was one of the key reasons that the Fed raised interest rates only twice in 2017.
The consumer price inflation (CPI) data reported on Thursday indicated an increase of 0.4% in August. The year-over-year rate improved from 1.7% to 1.9% for August.
In its latest monetary policy statement, the Fed admitted it would take longer than expected for inflation to reach its 2.0% target.
Members of the FOMC (Federal Open Market Committee) attributed the recent slowdown in inflation growth to idiosyncratic factors.
The tone of Yellen's responses before the committee confirmed that the Fed is set to stay its course on monetary tightening, leading to policy normalization.
In an essay published by Minneapolis's Federal Reserve president, Neel Kashkari, after he voted against a rate hike in the Federal Open Market Committee's (or FOMC) June 2017 meeting, he explained why ...
In a recent interview with The Financial Times, the hawkish president of the Philadelphia Federal Reserve said that the Fed's balance sheet's unwinding could begin in September 2017.
Chicago's Federal Reserve president, Charles L. Evans, recently spoke at a Money Marketeers of New York University event about monetary policy challenges in a new inflation environment.
At the Illinois Bankers Association's annual conference in Nashville, organized on June 23, 2017, St. Louis's Federal Reserve president, James Bullard, sounded dovish about the US economy.
Loretta J. Mester, the president and CEO of the Cleveland Federal Reserve, spoke at the 2017 Policy Summit on Housing, Human Capital, and Inequality held on June 23, 2017.
Yields in the shorter timeframe such as the two-year yield (SHY) and T-notes (SCHO) are rising more than the ten-year or the 30-year (TLT) yields.
UK inflation has hit its highest level in almost three and half years. The UK’s Office for National Statistics said yesterday that the consumer prices index (CPI) rose to 2.3% in February, up from 1.8% a month earlier. It took the rate above the Bank ...