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.
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
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 hit the pause button on recent interest rate cuts, entering a new wait-and-see phase and drawing a rebuke ...
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
The Fed signaled as much at its last meeting in December, when the central bank delivered an interest cut, but hinted that it ...
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