Fomc news and trends

Bitcoin Surges to 17-Month High Before Retreating
Bitcoin // November 01, 2023

Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Fed Expects 6.5 Pct Drop In GDP This Year
Economy // June 10, 2020

The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic product (GDP) could contract by 6.5 percent this year, but predicting recovery in the next several years. Get the Full...

Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
Economy // April 29, 2020

Federal Reserve Chairman Jerome Powell said Wednesday (April 29) that the Fed will “not be in any hurry to withdraw [monetary stimulus] … until we’re quite confident that the economy is well on the road to recovery.” The chairman’s promise came in a virtual press...

Quick Reads
S&P Global Says Companies Raising Prices Amid Increased Input Costs

September 23, 2024
September has seen prices rise at the fastest rate in six months, S&P Global said Monday (Sept. 23), attributing it to increasing input cost growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

Bitcoin Surges to 17-Month High Before Retreating

November 01, 2023
Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark.  Get the Full Story Complete the form to unlock this article...

Fed Expects 6.5 Pct Drop In GDP This Year

June 10, 2020
The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic product (GDP) could contract by...

Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’

April 29, 2020
Federal Reserve Chairman Jerome Powell said Wednesday (April 29) that the Fed will “not be in any hurry to withdraw [monetary stimulus] … until we’re quite confident that the economy...