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.
The Fed signaled as much at its last meeting in December, when the central bank delivered an interest cut, but hinted that it ...
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Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.
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The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
By Marc Jones and Lawrence Delevingne LONDON/BOSTON (Reuters) -World markets were calmer on Wednesday as the week’s ...
Trump criticised the Federal Reserve and Jay Powell for handling inflation after the Fed maintained interest rates. He pledged to tackle inflation through energy production and cutting regulations, ...
The Federal Reserve on Wednesday voted unanimously to leave its benchmark rate unchanged, ending a run of three consecutive meetings with rate cuts. In a statement, the Fed repeated language implying ...
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