Chicago Federal Reserve President Charles Evans said he voted against the U.S. central bank’s decision to lift interest rates this week because inflation was too low to justify an increase in the cost of borrowing money.
Similar Stories to The Fed: Fed’s Evans Says He Voted Against Raising Interest Rates Because Inflation Is Too Low on Bing News
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Fri, 12/15/2017 - 11:56am
BING NEWS:
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The Fed once again held interest rates steady given higher inflation reports, with investors now not expecting a rate cut until after the November election.
05/1/2024 - 11:40 am | View Link - Fed leaves interest rates unchanged amid inflation rate higher than 2% target
The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank's 2% threshold.
05/1/2024 - 7:26 am | View Link - Fed keeps interest rates at 23-year high
The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.
05/1/2024 - 7:02 am | View Link - Fed rate cut lowers interest rates to near zero—but how much are you really saving on your credit card debt?
The Federal Reserve Board announced an emergency rate cut on Sunday, March 15, lowering interest rates to near zero. This rate cut comes less than two weeks after the Fed cut interest rates by ...
05/1/2024 - 4:44 am | View Link - Fed likely to hint interest rates will stay higher for longer. But how high for how long?
inflation and rates. But Fed Chair Jerome Powell could provide clues on where he thinks interest rates are headed. Inflation eased substantially last fall. After hitting a 40-year high of 9.1% in ...
04/29/2024 - 11:24 pm | View Link - More
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