Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Maintains Interest Rates at Two-Decade High, Vows to Hold Policy ...
US Federal Reserve Maintains Interest Rates at Two-Decade High, Vows to Hold Policy Rate 'as long as appropriate' to Bring Inflation Down
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#2140b79c ver:0.94
The US Federal Reserve will maintain interest rates at a two-decade high until inflation slows, aiming for its 2% target. The Fed's cautious approach reflects a shift from previous projections, with markets now expecting just one rate cut in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed also plans to slow the pace of unwinding its securities holdings. #FederalReserve #InterestRates #Inflation...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #MonetaryPolicy
https://here.news/story/2140b79c?ver=0.94
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#2140b79c ver:0.94
The US Federal Reserve will maintain interest rates at a two-decade high until inflation slows, aiming for its 2% target. The Fed's cautious approach reflects a shift from previous projections, with markets now expecting just one rate cut in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed also plans to slow the pace of unwinding its securities holdings. #FederalReserve #InterestRates #Inflation...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #MonetaryPolicy
https://here.news/story/2140b79c?ver=0.94