federal funds rate

After the Fed raised FFR by 75 bps on July 27, the forecast is for slower hikes this year, for FFR to hit 4% by 1Q2023

SINGAPORE (Apr 19): Strong global demand should continue to fuel capital expenditure spending and trade but growth momentum for the global economy is moderating, says JP Morgan Asset Management (JPMAM) in its market outlook for the second quarter of 2018.

(Dec 15): Federal Reserve officials raised interest rates for the first time this year and forecast a steeper path for borrowing costs in 2017, saying inflation expectations have increased “considerably” and suggesting the labor market is tightening.

SINGAPORE (July 28): As widely expected, the Federal Reserve has decided to keep the target range for federal funds rate at 0.25-0.5% following its latest Federal Open Market Committee (FOMC) meeting on July 26-27.

(June 16): Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers painted a mixed picture of a US economy where growth is picking up while job gains slow.