Atlanta federal reserve bank articles
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Federal Reserve leaves interest rates steady noting ‘lack of further progress’ on inflation
On Wednesday, the Federal Reserve voted to keep interest rates steady and postponed anticipated rate cuts stemming from elevated inflation across the U.S., which remains above the central bank’s 2% threshold. The Federal reserve’s Federal Open Market
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Federal Reserve holds interest rates at 23-year high until inflation further cools
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of 5.3%. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fed’s belief that...
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Federal Reserve Says Interest Rates Will Stay at Two-Decade High Until Inflation Further Cools
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept […]