Similar Stories to Fed Raises Key Rate For 2nd Time This Year And Signals Possible Acceleration In Future Hikes on Bing News

WASHINGTON (AP) — Fed raises key rate for 2nd time this year and signals possible acceleration in future hikes. Read more on NewsOK.com

BING NEWS:
  • Fed rate cuts face big reset on renewed inflation risks
    Markets are bracing for a major overhaul of its earlier call for three rate cuts this year. In fact, bets are starting to emerge that the Fed won't find time to ... over the future path of ...
    05/29/2024 - 3:43 am | View Link
  • Inflation eases for first time in 2024. Will it be enough to cut rates?
    Food price increases stayed level from March to April, but housing and gas costs continue to keep inflation higher than policymakers want, new data showed Wednesday. (Allison Dinner/EPA-EFE ...
    05/15/2024 - 9:36 am | View Link
  • Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
    His remarks largely echo those he made at a news conference after a Fed meeting earlier this month at which officials kept their key short-term interest rate at a 23-year high of 5.25% to 5.5%.
    05/14/2024 - 5:54 am | View Link
  • Are US Interest Rates High Enough to Beat Inflation? the Fed Will Take Its Time to Find Out
    the Fed Will Take Its Time to Find ... falling sharply last year, raising concerns about whether progress in reducing inflation has stalled. The Fed has pushed its key rate to a 23-year high ...
    05/12/2024 - 9:19 pm | View Link
  • The Fed’s Rate Pause Is Good News for Savers. Here’s Why
    Home prices may also impact future Fed ... grows over time at a predetermined APY. Competitive one-year CDs, for example, can earn APYs as high as 5.35% or more. A fixed rate applies to the ...
    05/2/2024 - 1:00 pm | View Link
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