The Federal Reserve, the central bank of America, on Wednesday went for another rate hike of 25 basis points to cool down persistently high inflation. The Fed is aiming to bring inflation under 2 ...
Given strong US growth and sticky inflation, the Fed's next move may be to hike rates again, rather than cutting them, UBS ...
"The labor market is still too tight for the Fed’s liking," said Jeffrey Roach, chief economist for LPL Financial. The Federal Reserve is likely to deliver the last rate hike of its year-long ...
The once-unthinkable scenario of no interest-rate cuts by the Federal Reserve in 2024 is now giving way to another ...
As the US economy hums along month after month, year after year, minting hundreds of thousands of new jobs and further ...
Amanda Holland is a professional writer and lifelong math nerd. She worked as a signals analyst and math instructor for the Defense Department before switching to freelance writing after her kids ...
Wondering what’s in store for interest rates? Since July 2023, the Federal Reserve has kept the federal-funds rate at a target range of 5.25% to 5.50%, far above typical levels over the past decade.
Most economists have pegged the Fed’s June meeting as the most likely time for it to announce its first rate cut, which would begin to reverse the 11 hikes it imposed beginning two years ago ...
WASHINGTON >> Federal Reserve officials signaled today that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed surprisingly high at the start ...
We apologize, but this video has failed to load. In their new quarterly projections, Fed officials forecast that stronger growth and stubborn inflation would persist this year and next. As a result, ...
As the US economy hums along month after month, minting hundreds of thousands of new jobs and confounding experts who had ...