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.
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Officials cut rates at their previous three meetings before taking a pause.
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
Federal Reserve kept interest rates at current levels and acknowledged that inflation remained stubbornly elevated.
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
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