WASHINGTON (Reuters) - The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic projections from the U.S. central bank's policymakers likely to show fewer rate cuts this year and a delayed start to monetary policy easing. Fed officials will receive a new round of inflation data that could shape their outlook just hours before they...

06:25 AM EDT, 06/12/2024 (MT Newswires) -- US dollar exchange rates fell broadly in early European trade on Wednesday as high beta currencies and other risky assets outperformed ahead of an eagerly awaited inflation report in the US and the June Federal Reserve policy decision. The US dollar weakened against all counterparts in the G10 basket except the Japanese yen...

03:28 PM EDT, 06/11/2024 (MT Newswires) -- The Federal Open Market Committee is again expected to make no change to the range of its federal funds rate target, keeping it at 5.25% to 5.5%, turning the focus to the post-meeting statement, updated economic and rate projections and Federal Reserve Chairman Jerome Powell's press conference for signals that fewer rate cuts...

Dollar index, bitcoin at the mercy of core inflation, housing rent and Fed's take on inflation trajectory. Investment banks expects a decline in the housing rent. A hotter-than-expected CPI could shock risk assets. Wednesday could prove to be a make-or-break day for markets, as the pivotal U.S. consumer price index report will be released just hours before the Federal Reserve's...