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.
The Federal Reserve left its key borrowing benchmark at a decade-plus high of 4.25-4.5 percent, as inflation stays elevated.
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...
After 14 months of stagnancy, the Federal Open Market Committee (FOMC ... lock in a CD with a high return. Lowering the fed funds rate will see interest rates on student loans drop, too.
Stock futures were slightly lower on Tuesday evening, as investors turned toward the first Federal Reserve interest rate ...
The European Central Bank is all but certain to cut interest rates on Thursday and is likely to keep open the door to further ...
It was part of a theme of Trump calling for lower interest rates from Powell, whom Trump nominated to lead the Fed in 2017 ... of the markets. The stock market rallied strongly last week ...
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