Sunday, August 3, 2025

Latest

Federal Reserve Keeps Rates Unchanged But Plans for March Hike

The Federal Reserve has decided to keep interest rates unchanged for the time being, but stressed that a hike is likely imminent come March as inflation skyrockets to the highest in 40 years.

Following the FOMC’s two-day meeting, Fed Chair Jerome Powell once again acknowledged that persistent inflation is out of control, and that interest rates must increase in order to keep the economy from overheating. If current conditions continue to persist, then such a rate hike could come as early as March, particularly as the labour market continues to make strong gains.

A separate statement from the Fed also reiterated that it will begin the process of reducing its balance sheet following the first interest rate increase, but failed to provide a strict timeline or when such a runoff would commence. The Fed’s balance sheet currently sits at almost $8.9 trillion, after more than doubling in size when extensive asset purchases began at the start of the pandemic.

The Fed’s hawkishly sharpened stance comes as consumer prices consecutively soar to 7%— the highest since the 1980, and a jobs market that has rebounded to near pre-pandemic levels substantially faster than forecast.

Information for this briefing was found via the Federal Reserve. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

AngloGold Buys Another Gold Junior! Augusta Gold Acquired For $197 Million

Another Gold Deal! Aris Mining Sells Assets To McFarlane

Royal Gold Goes Big | $3.5 Billion Sandstorm Acquisition

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

The Fed May Be Forced To Raise Interest Rates More Aggressively Than Many Expect Based On Rate Comparison

To combat significant and growing inflationary pressures, the U.S. Federal Reserve Board plans both to...

Monday, February 14, 2022, 04:17:00 PM

US Consumer Confidence Dips for Third Straight Month as Inflation Intensifies

Consumer sentiment is on a downward slide once again, as Americans’ views on the US...

Tuesday, July 26, 2022, 04:39:00 PM

Two US Central Bankers Announce Early Retirement Following Ethics Probe

Things at the Fed are not doing so great. Not only has inflation run significantly...

Tuesday, September 28, 2021, 04:51:00 PM

The Economic Impacts Of Biden’s Proposed $15 Minimum Wage Hike

America’s minimum wage, which has been stagnant since 2009 at a paltry $7.25 per hour,...

Tuesday, February 9, 2021, 10:27:00 AM

White House, Federal Reserve Insist Impending Inflation Spike will be Temporary

Despite a rapidly accelerating economic recovery, the Biden administration and the Federal Reserve continue to...

Tuesday, April 13, 2021, 10:35:00 AM