A patch of soft economic data has created uncertainty inside the Federal Reserve about when to start raising short-term interest rates, reducing the probability of a move by midyear.

Topics:  federal reserve   data   rate   
BING NEWS:
  • Powell keeps Fed’s door open to a July rate cut
    Federal Reserve Chair Jerome Powell on Wednesday discussed for the first time possible “paths” for interest rates this year. The upshot is that while any move at the next meeting is off the table, ...
    05/1/2024 - 11:27 am | View Link
  • More Fed officials ready to say goodbye to low-rate world
    A growing number of Federal Reserve officials don't see a return to the ultra-low interest rates that prevailed before the COVID-19 pandemic due to everything from ballooning federal deficits to ...
    04/30/2024 - 10:02 pm | View Link
  • Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
    Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of ...
    04/19/2024 - 9:00 am | View Link
  • Fed officials cast more doubt on the timing of rate cuts this year
    The market has mostly given up on the idea of a rate cut at the Fed's June meeting. Federal Reserve officials heaped more ... and dependent on future economic data, Mester said.
    04/18/2024 - 7:46 am | View Link
  • Markets cut rate cut bets as US inflation rises to 3.5pc
    Financial markets immediately cut bets for a 0.25 percentage point interest rate cut in June, sending the yield ... in inflation will undermine Fed officials’ confidence that inflation is ...
    04/10/2024 - 12:07 pm | View Link
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