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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-05-01 19:04:44

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Holds Interest Rates Steady Amid Sticky Inflation Battle ...

US Federal Reserve Holds Interest Rates Steady Amid Sticky Inflation Battle
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#2140b79c ver:0.73

The US Federal Reserve keeps interest rates steady at 5.25% to 5.5% amid sticky inflation battle. No rate cuts expected in the short term, with focus on reaching 2% inflation target. Fed plans to slow balance-sheet reduction program, reducing monthly redemption cap on Treasury securities from $60B to $25B starting in June. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #FederalReserve #InterestRates #Inflation #UsEconomy

https://here.news/story/2140b79c?ver=0.73
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