Chicago Fed President Charles Evans suggested the central bank hold off from any more rate hikes until next summer and wait for more information about inflation.

BING NEWS:
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    If you're waiting for relief from ... above the Fed’s 2% target rate. We started the New Year with high expectations for lower interest rates, but could the reverse happen?
    04/25/2024 - 1:00 pm | View Link
  • Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
    The latest reading of the Fed’s most closely watched ... Policymakers raised interest rates to 5.33 percent between March 2022 and last summer, and have held them steady since.
    04/25/2024 - 1:00 pm | View Link
  • The Fed might not be done raising interest rates just yet
    Powell, meanwhile, hasn’t recently addressed the potential need to raise interest rates ... That’s why the Fed is waiting for more data before making any conclusions about the economy ...
    04/11/2024 - 7:02 am | View Link
  • How far will savings rates fall if the Fed cuts rates? Here's what experts say
    However, these high rates may start to come down relatively soon, as many experts predict the Fed will start cutting interest rates later this year. That, in turn, will likely impact what banks ...
    04/11/2024 - 4:11 am | View Link
  • Inflation came in hot at 3.5% in March, CPI report shows. Fed could delay rate cuts.
    Are interest rates going down in 2024? In recent weeks, Fed Chair Jerome Powell has said ... up and producers are switching to more expensive summer blends. Together, the cost of housing and ...
    04/10/2024 - 2:35 am | View Link
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