While the productive capacity of the U.S. economy may be increasing, it’s better for the Federal Reserve to continue on its path of steady interest rate hikes until there’s strong evidence of it, a key official said Thursday.

Topics:  u.s    federal reserve   path   economy   rate hikes   
BING NEWS:
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    Higher interest rates were supposed to bring a lot of pain for Americans. So far that hasn't happened. Why it matters: The Federal Reserve left interest rates unchanged Wednesday, keeping rates higher ...
    05/2/2024 - 12:20 am | View Link
  • Hawkish Fed Risk Fades After Powell's Remarks: He 'Set The Bar Extremely High For Rate Hikes'
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    05/1/2024 - 12:45 pm | View Link
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    05/1/2024 - 10:33 am | View Link
  • Fed likely to hint interest rates will stay higher for longer. But how high for how long?
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    04/29/2024 - 11:24 pm | View Link
  • Fed stares down rising inflation and a murky path to rate cuts
    the central bank’s benchmark rate now sits between 5.25 and 5.5 percent. So far, rising inflation hasn’t convinced Fed watchers that rates should go even higher. Instead, the thinking is that ...
    04/29/2024 - 10:59 pm | View Link
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