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.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
Federal Reserve kept interest rates at current levels and acknowledged that inflation remained stubbornly elevated.
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
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