Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Officials cut rates at their previous three meetings before taking a pause.
Just remember that CD rates don't mirror the Fed precisely. So, if lenders assume that interest rate cuts will be issued this ...
Global shares rose as investors digested earnings from Microsoft and Meta in the wake of this week's rout in technology ...
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
After implementing three rate cuts in late 2024, the central bank has opted to keep its benchmark federal funds rate steady ...
The Federal Reserve’s federal funds rate is still above the level that balances the U.S. economy, known as the neutral rate.
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
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