Similar Stories to Fed Expected To Push Ahead With Rate Hike Plan on Bing News

WASHINGTON (Reuters) - The Federal Reserve is expected on Wednesday to point to a growing U.S. economy and stronger job market as it sets the stage for a possible interest rate hike in September.

BING NEWS:
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    The economic outlook for 2024 is taking an unexpected turn as economists at Macquarie have revised their predictions for interest rates, now suggesting a potential hike.
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  • Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible
    "We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.
    04/29/2024 - 5:49 am | View Link
  • Jerome Powell may not rule out future rate hikes as the Fed gets ready to meet amid stubborn inflation, analysts say
    The central is expected ... rate hikes and instead limited the options to either holding steady or cutting, Feroli predicted the issue of further increases will still come up. “We assume the press ...
    04/28/2024 - 11:09 am | View Link
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