Fed Says No Rate Hikes Until At Least Late 2014

The U.S. Federal Reserve on Wednesday said it will not raise interest rates until at least late 2014, even later than investors expected, in an effort to support a sluggish recovery.

Topics:  u.s federal reserve   rate   late   
BING NEWS:
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    Real estate stocks outperformed major market averages as the Federal Reserve ruled out a near-term rate hike despite the inflation data, and the sector continued to demonstrate solid balance sheets and earnings.
    05/4/2024 - 5:00 am | View Link
  • Mortgage rates increase for fifth week in a row, and home buyers ‘will likely not see relief’ anytime soon
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    05/2/2024 - 5:01 am | View Link
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BING SEARCH:
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    Justin Sullivan/Getty Images. The Federal Reserve voted to keep interest rates at a 23-year high on Wednesday, as the central bank tries to curb stubborn inflation. Investors now think it could be ...
    05/2/2024 - 3:36 pm | View Website
  • Federal Reserve News: What Happened Today at the Fed Meeting
    Jeanna Smialek. What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against...
    05/2/2024 - 11:18 am | View Website
  • Wall Street rises as Fed rate-hike concerns alleviate | Reuters
    Wall Street's main indexes advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a crucial job ...
    05/2/2024 - 10:28 am | View Website
  • Fed unleashes another big rate hike in bid to curb inflation
    WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation.
    05/2/2024 - 4:09 am | View Website
  • Federal Reserve interest rate decision for May 2024: Rates remain on ...
    The Federal Reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall.
    05/2/2024 - 3:04 am | View Website
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