open market

Equities took a hit from hawkish Fedspeak, as several Federal Open Market Committee members expressed their view that an interest-rate cut at the FOMC’s December meeting would be unnecessary.

The Federal Open Market Committee releases the minutes from its late October monetary-policy meeting.

Equities took a hit from hawkish Fedspeak, as several Federal Open Market Committee members expressed their view that an interest-rate cut at the FOMC’s December meeting would be unnecessary.

The Federal Open Market Committee releases the minutes from its late October monetary-policy meeting.

Kugler, an appointee of President Joe Biden, missed the July 29-30 meeting of the rate-setting Federal Open Market Committee for what the central bank described as a personal matter.