US Fed holds interest rates and defends independence
Two Fed officials voted for a cut, including the former head of Donald Trump's Council of Economic Advisers.
www.bbc.comHere’s the latest on Fed interest rates based on recent reporting:
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Two Fed officials voted for a cut, including the former head of Donald Trump's Council of Economic Advisers.
www.bbc.comA "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists. A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists. Neel Kashkari, the president and CEO of the Minneapolis Fed, told "Face the Nation with Margaret Brennan" that while economists have been watching for an interest rate cut, "we all need to be open-minded about where interest rates are...
www.cbsnews.comFederal Reserve interest rates Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Federal Reserve interest rates Blogs, Comments and Archive News on Economictimes.com
economictimes.indiatimes.comfed interest rate Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. fed interest rate Blogs, Comments and Archive News on Economictimes.com
economictimes.indiatimes.comCentral bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair…
www.cnn.comThe Federal Reserve announced Wednesday it would hold interest rates steady at 3.5% to 3.75%. CBS News' Kelly O'Grady reports. Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year. A judge on Friday quashed subpoenas sent to the Federal Reserve as part of the Justice Department's criminal probe. CBS News justice correspondent Scott MacFarlane has the details.
www.cbsnews.comFed announces first interest rate cut since December as Trump continues to push for influence at the central bank
www.cnn.comBefore restarting rate cuts, policymakers will likely want to see evidence that either inflation is retreating back to 2% or the labor market is cooling.
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