Fed officials signal just one interest rate cut before end of 2024
Fed officials’ latest signal on interest rates also came alongside the central bank’s new forecasts for growth, which show the US economy expanding by 2.1 per cent in 2024, unchanged from its previous forecast.
Fed decision buys more time for savers to profit from high interest rates
As was widely expected, the Federal Reserve left its benchmark interest rate unchanged for its seventh meeting in a row on Wednesday.
Biden cheers cooling inflation ahead of key Fed interest rate decision
The consumer price index showed that prices did not rise at all in May, the first time since July 2022 that the month over month rate was flat.
US Consumer Inflation Falls Before Fed Interest Rate Decision
US consumer inflation continued to cool last month, according to US government data published Wednesday, giving the US Federal Reserve some positive news shortly before it publishes its latest interest rate decision.
The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts
The booming jobs report and still-high inflation mean the Federal Reserve is likely to hold interest rates steady, even after the ECB's rate cuts.
Stock market today: Markets tick higher ahead of Fed decision on interest rates, new inflation data
Wall Street rose modestly early Wednesday ahead of a decision by the Federal Reserve on interest rates and the government’s latest data on inflation. Futures for the S&P 500 and futures
CNN23d
Jamie Dimon is worried about how much the US is borrowing. Here’s why
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version ...
US Dollar sinks after CPI confirms disinflation, ahead of Fed
The US Dollar trades mixed on Wednesday, nearly flat against its most major peers. Traders are on edge over upcoming US CPI release for May and the Fed interest rate decision. The US Dollar index ...
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US Dollar Index (DXY)
Gold Rose Despite More Hawkish Policy Announced by the Fed On Wednesday, XAU/USD rose by 0.35%, reaching 2,340. Although the US Consumer Price Index (CPI) numbers weakened the US... Hey everyone ...
Forbes1d
Interest Rates & Inflation: Fed Holds Rates In Wake Of Disappointing US Prices Data
15 May: Inflation Down But Hopes Fade for Next Fed Meeting US inflation rose 3.4% in the year to April, down from 3.5% in the year to March, but likely not enough to prompt a reduction in ...
FXStreet1d
Jerome Powell comments on rate outlook after keeping policy settings unchanged
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the ...
Reuters2d
US presidential election: What are the key dates?
June 11 (Reuters) - President Joe Biden, a Democrat, and Republican former President Donald Trump will face each other in the 2024 presidential election in what is expected to be a divisive and ...
FTSE and Wall Street surge as US inflation falls
Britain’s economy stagnated just a month after it was confirmed it exited recession, official figures show, in a blow to the ...