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Fed, inflation
Fed Holds Interest Rate Steady To Fight Still-Too-High Inflation
Members of the central bank’s policy committee voted unanimously Wednesday to hold the crucial fed funds rate at its current high level to fight inflation that's still running too hot for comfort.
Fed holds key interest rate and warns on inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" toward lowering inflation.
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
When Will Interest Rates Go Down? Fed Holds Rates At 23-Year High Yet Again
The Federal Reserve announced Wednesday it will keep interest rates at a 23-year high, after a spate of worse-than-forecasted inflation data evaporated hopes for a sizable pivot in monetary policy this year.
Fed says interest rates will stay at 2-decade high until inflation cools further
Several hotter-than-expected reports on prices and economic growth have recently undercut the central bank’s belief that inflation was steadily easing.
Fed likely to hint interest rates will stay higher for longer. But how high for how long?
The Federal Reserve meets for the first time since recent high inflation reports dampened hopes it would cut interest rates three times this year.
Fed says interest rates to stay higher for longer
The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit its lowest rate against the dollar in 34 years on Monday.
Pesky inflation pushes Fed to hold steady on interest rates
And at the conclusion of the Fed’s policy meeting on Wednesday, Powell said that inflationary persistence helped push the body’s Open Market Committee to support standing pat on the 5.25% to 5.5% interest rate range that has been in play since last July and is the highest in over two decades.
Fed following inflation signs, leaves rate be
The Fed's warier outlook stems from three months of data that pointed to chronic inflation pressures and robust consumer spending. Inflation has cooled from a peak of 7.1%, based on the Fed's preferred measure, to 2.7%, as supply chains have eased and the cost of some goods has actually declined.
Federal Reserve Takes Cautious Stand On Inflation, Powell Signals Preference For Rate Cuts Over Hikes
Federal Reserve Chairman Jerome Powell's remarks hint at a more patient and cautious approach to monetary policy, suggesting interest rates may hold steady longer than anticipated
U.S. Fed Keeps Interest Rates On Hold, Highlights Lack Of Progress On Inflation
The inflation challenge facing the Fed. Why the US jobs market remains strong. The strong US economy and the Fed: why rates may stay higher for longer
1d
on MSN
Jobs report shows marked April slowdown, prompting Fed rate-cut bets
The Labor Department's Bureau of Labor Statistics said Friday that a net 175,000 new jobs were created in April, down from ...
Ibj.com
8d
Fed says interest rates will stay at two-decade high until inflation further cools
The combination of high
interest
rates and persistent inflation has ... effect on the economy and inflation that they need.
Crain's Detroit
3d
Fed: Interest rates will stay at 2-decade high until inflation cools
Fed
still foresees 3
interest
rate
cuts this year, but stubborn inflation could have ... notably over the pace of price ...
1d
Fed’s Bowman says she’s still willing to raise rates
I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on ...
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