Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Maintains Steady Interest Rates Amid Concerns of Stubborn ...
US Federal Reserve Maintains Steady Interest Rates Amid Concerns of Stubborn Inflation
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#2140b79c ver:1.01
The US Federal Reserve maintains steady interest rates amid concerns of stubborn inflation, keeping rates at 5.25% to 5.5%. The decision reflects a shift from previous projections of rate reductions, potentially impacting President Biden's re-election bid. The Fed remains cautious about stagflation but expresses optimism that inflation will decrease. The central bank also announces a slower pace of unwinding COVID-era policies. Wall Street initially reacts positively, but stock prices later erase gains. #FederalReserve #InterestRates #Inflation #Economy...
#newstr #FederalReserve #InterestRates #Inflation #Economy
https://here.news/story/2140b79c?ver=1.01
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#2140b79c ver:1.01
The US Federal Reserve maintains steady interest rates amid concerns of stubborn inflation, keeping rates at 5.25% to 5.5%. The decision reflects a shift from previous projections of rate reductions, potentially impacting President Biden's re-election bid. The Fed remains cautious about stagflation but expresses optimism that inflation will decrease. The central bank also announces a slower pace of unwinding COVID-era policies. Wall Street initially reacts positively, but stock prices later erase gains. #FederalReserve #InterestRates #Inflation #Economy...
#newstr #FederalReserve #InterestRates #Inflation #Economy
https://here.news/story/2140b79c?ver=1.01