The Federal Reserve has raised its benchmark interest rate for the second time this year and signaled that it may step up its pace of rate increases because of solid U.S. economic growth and rising inflation. (June 13)
BING NEWS:
- Stock market today: Indexes mixed after Fed meeting as Powell calms nerves over possible hike
"But inflation is still too high. Further progress in bringing it down is not assured, and the path forward is uncertain," he added, though he noted the Fed's next rate move was "unlikely" to be an ...
05/1/2024 - 9:08 am | View Link - Powell likely to signal lower inflation is needed before Fed would cut rates
This story will also be updated with today’s F.O.M.C. decision on their key interest ... rate cut this year to the Fed’s benchmark rate, now at a 23-year high of 5.3% after 11 hikes that ...
05/1/2024 - 6:14 am | View Link - Fed Meets Today: Watch Out for Interest Rate Hikes Instead of Cuts This Year, One Economist Says
If you figured the Federal Reserve would lower interest rates soon, you may want to prepare for the opposite to happen. Experts expect the Fed to hold rates steady at its meeting that starts today, ...
04/30/2024 - 8:43 am | View Link - Fed Rate Doubts Have Options Traders Covering Both Hikes and Cuts
Treasury options traders are protecting against everything from multiple interest-rate cuts this year to a hike ahead of the US Federal Reserve meeting this week.
04/28/2024 - 12:00 pm | View Link - The Odds For Rate Hikes May Have Increased Dramatically
Inflation is accelerating. Read why the current policy stance may need to shift to rate hikes if inflation continues to rise.
04/26/2024 - 6:09 am | View Link - More
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