The Fed leaves interest rates right where they are
23.09 2023:
During his news conference, Fed Chair Jerome Powell cautiously balanced his tone. He warned the path to the 2% inflation target has a long way to go.
The median preference for the projected fed funds…
Similar articles
Stuck on high: Rates to remain at two-decade record level until inflation cools
01.05 2024: The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence&… Federal Reserve Board Chair Jerome Powell…
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
4 days ago: Powell Says Fed Doesn't Need to Rush Interest-Rate Cuts Fed Chair Jerome Powell said it \ Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation.…
US Fed keeps interest rates at 23-year high amid stubborn inflation
02.05 2024: Fed Chair Jerome Powell has said inflation is 'still too high' to cut interest rates The US Federal Reserve has held interest rates at a 23-year high amid stubborn cost-of-living increases. The central bank on Wednesday kept the…
US inflation eased last month in the first slowdown of 2024
3 days ago: inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates th… A sign trumpets discounts available in a clothing store in a mall in Lone Tree,…
Jobs Data Revives Wall Street’s Hopes for a Rate Cut
03.05 2024: …expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon. Just as Wall Street appeared to come to terms with the idea of high interest rates sticking…
Michigan's corporate income tax revenue swells, sales tax lags as $80B budget eyed
Yesterday: But the expected revenue changes to the two funds are comparatively small, and the balances in both pots of money remain about 2% higher than the current year. The General Fund is being boosted by corporate income tax…,…
