Similar Stories to Powell's Fed Likely To Raise Rates, May Upgrade 2018 Outlook on Bing News

WASHINGTON (Reuters) - The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government spending that could further stoke a robust U.S. economy.

BING NEWS:
  • Fed’s Bowman says she’s still willing to raise rates
    I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on inflation has stalled or reversed,” Fed Governor Michelle Bowman said Friday.
    05/3/2024 - 2:45 am | View Link
  • Expect Higher Interest Rates Through the End of 2024. Fed Blames ‘Lack of Progress’ on Inflation
    You'll likely pay more to borrow until at least 2025, but now may be the time to lock in higher savings rates.
    05/2/2024 - 4:12 pm | View Link
  • Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
    The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything from car loans to mortgages.
    05/1/2024 - 9:08 am | View Link
  • May Fed meeting preview: Are rate cuts canceled or just delayed? Watch for these 3 key themes as inflation stays hot
    To be in a situation where the economy has remained resilient enough that the Fed has to keep rates at their current levels in order to get inflation down, that’s a much more positive outcome than had ...
    04/28/2024 - 5:10 pm | View Link
  • Q1 2024 First Commonwealth Financial Corp Earnings Call
    Manuel Navas; Analyst; D.A. Davidson & Co. Frank Schiraldi; Analyst; Piper Sandler & Co.
    04/24/2024 - 9:46 pm | View Link
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