Fed minutes show support for June hike and calm about inflation outlookMarketWatchFederal Reserve officials in their meeting in early May confirmed they planned to raise interest rates in June and were not concerned they were behind the curve on inflation. “Most participants judged that if incoming information broadly confirmed ...and more »
Similar Stories to Fed Minutes Show Support For June Hike And Calm About Inflation Outlook - Marketwatch on Bing News
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Wed, 05/23/2018 - 11:01am
BING NEWS:
- Inflation eases to 3.4% in boost for the Federal Reserve
The Fed's policymakers have raised their key interest rate to a 23-year high of 5.3% in an effort to quell rising prices. Inflation has fallen sharply from 9.1% in the summer of 2022 but is higher now ...
05/15/2024 - 6:23 am | View Link - Fed gets some good news on inflation progress
Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging data on Wednesday with a government report showing inflation eased a bit ...
05/15/2024 - 5:00 am | View Link - U.S. inflation ticked down slightly last month in the first drop of 2024
Grocery prices slipped in April, providing a break to shoppers. Egg prices, which have been volatile after a bout of avian flu, fell 7.3 percent. New and used car prices also dropped. By contrast, ...
05/15/2024 - 3:01 am | View Link - The Fed’s preferred inflation gauge just moved in the wrong direction
While both indexes are much lower than they were at their peaks (7.1% PCE inflation in June 2022, 5.6% for core in February 2022), they also remain stuck above the Fed’s 2% target. After 11 rate ...
04/26/2024 - 3:38 am | View Link - Fed's favorite inflation gauge rises faster than expected in March
An inflation measure closely watched by the Federal Reserve rose faster than expected in March as high prices continue to weigh on millions of Americans. The personal consumption expenditures ...
04/26/2024 - 1:33 am | View Link - More
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