Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Keeps Interest Rates at 23-Year High Amid Uncertain Economic ...
US Federal Reserve Keeps Interest Rates at 23-Year High Amid Uncertain Economic Outlook
===============
#2140b79c ver:1.0
The US Federal Reserve keeps interest rates at a 23-year high of 5.25% to 5.50% to combat inflation, citing an uncertain economic outlook. The decision reflects a shift from previous projections, with only one rate cut expected in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed remains cautious, expressing optimism that inflation will decrease over the year. Moody's suggests an interest rate cut in June is unlikely due to stubborn inflation. #FederalReserve #InterestRates #Inflation #EconomicOutlook...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #TreasurySecurities #MortgagebackedBonds #UsEconomy #UnemploymentRate #ConsumerSpending #JeromePowell'sSpeech
https://here.news/story/2140b79c?ver=1.0
===============
#2140b79c ver:1.0
The US Federal Reserve keeps interest rates at a 23-year high of 5.25% to 5.50% to combat inflation, citing an uncertain economic outlook. The decision reflects a shift from previous projections, with only one rate cut expected in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed remains cautious, expressing optimism that inflation will decrease over the year. Moody's suggests an interest rate cut in June is unlikely due to stubborn inflation. #FederalReserve #InterestRates #Inflation #EconomicOutlook...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #TreasurySecurities #MortgagebackedBonds #UsEconomy #UnemploymentRate #ConsumerSpending #JeromePowell'sSpeech
https://here.news/story/2140b79c?ver=1.0