Similar Stories to Fed To Keep Interest Rate Near Zero For 2 Years on Bing News

The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought and faces increasing risks.

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Topics:  economy   federal reserve   interest rate   
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BING NEWS:
  • El-Erian Says Fed’s Higher-for-Longer Rates U-Turn Is at Odds With Market
    As they are doing the U-turn and stay higher for longer, the market is going the other way.” Read Surveillance: El-Erian Marshals Dimon in Support of Fed Critique“The Fed is going to have to pivot — not on the basis of inflation numbers,
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BING SEARCH:
  • Federal Funds Rate: What It Is, How It's Determined, and ...
    What Is the Federal Funds Rate? The term federal funds rate refers to the target interest rate range set by the Federal Open Market Committee (FOMC). This target is the rate at which...
    05/18/2024 - 6:20 am | View Website
  • Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage Point
    Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range...
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  • United States Fed Funds Interest Rate
    Interest Rate in the United States is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Fed Funds Interest Rate is projected to trend around 4.25 percent in 2025 and 3.25 percent in 2026, according to our econometric models.
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  • Federal Funds Effective Rate (FEDFUNDS) | FRED | St. Louis Fed
    The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances.
    05/17/2024 - 12:23 am | View Website
  • Federal Reserve interest rate decision for May 2024: Rates remain on ...
    April 30, 2024, 9:22 PM UTC / Updated May 1, 2024, 6:04 PM UTC. By Rob Wile. The Federal Reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more...
    05/16/2024 - 8:06 pm | View Website
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