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Search results for: "Central bank". 9 articles found.
Federal Reserve Chair Jerome Powell confirmed Wednesday that the central bank is pushing back its plans for rate cuts as inflation plateaus well above the bank's target. The Federal Open Markets Committee (FOMC), the central bank committee tasked with setting monetary policy, voted Wednesday to keep the federal funds rate at a range of 5.25...
The US central bank has left interest rates unchanged again, noting a "lack of further progress" toward lowering inflation.
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
The US central bank, known as the Fed, has again kept interest rates high - at 5.25% to 5.5%.
Quartz - 6 hours 23 min agoThe stock market opened flat on Wednesday morning as investors focused on the Federal Reserve's interest rate decision, which is due in the afternoon. The central bank is expected to hold interest rates steady between 5.25% and 5.50%. Read more...
The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank's 2% threshold.
The Federal Reserve is expected to hold interest rates steady again as it meets Wednesday, with inflation remaining above the central bank's 2% threshold.
The Federal Reserve is expected to hold interest rates steady again as it meets Wednesday, with inflation remaining above the central bank's 2% threshold.
As widely expected, the Federal Reserve held its benchmark interest rate unchanged Wednesday for a sixth straight meeting at between 5.25% and 5.5%, the highest level since 2001. The central bank said it won't cut rates until it has "greater confidence" that inflation is consistently falling toward its...
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