'Almost all' Federal Reserve officials agreed to skip June hike: Minutes
Wednesday, 5 July 2023 While "some participants" wanted to move ahead with a rate hike in June because progress in cooling inflation had been slow, "almost all participants judged it appropriate or acceptable to maintain" the federal funds rate at the existing 5% to 5.25%, the minutes said.
Key Inflation Rate , Hits Lowest Annual Level , in Almost 2 Years.
CNBC reports that inflation continued
to show signs of cooling in June,
in line with Dow Jones estimates.
CNBC reports that..
Credit: Wibbitz Top Stories Duration: 01:31Published
Mortgage Rates Inch Lower , Ahead of the Fed's Next , Expected Rate Hike.
The average cost of a long-term
mortgage in the United States has
slipped to its lowest level in four weeks. .
'The..
Credit: Wibbitz Top Stories Duration: 01:31Published
Taylor Swift’s ‘Eras Tour’
Is Boosting the Economy, , Federal Reserve Says.
The Philadelphia Federal Reserve released its 'Beige Book' on July 12, 'Billboard' reports.
The report is released..
Credit: Wibbitz Top Stories Duration: 01:31Published
Minutes from the meeting published by the Fed on Wednesday show some FOMC members went into the meeting on June 13-14 favoring another quarter percentage-point... IndiaTimes
Wednesday, 5 July 2023
![Key Inflation Rate Hits Lowest Annual Level in Almost 2 Years [Video]](https://video.newsserve.net/300/v/20230728/1355935540-Key-Inflation-Rate-Hits-Lowest-Annual-Level-in.jpg)
![Mortgage Rates Inch Lower Ahead of the Fed's Next Expected Rate Hike [Video]](https://video.newsserve.net/300/v/20230720/1355629093-Mortgage-Rates-Inch-Lower-Ahead-of-the-Fed.jpg)
![Taylor Swift’s ‘Eras Tour’ Is Boosting the Economy, Federal Reserve Says [Video]](https://video.newsserve.net/300/v/20230714/1355388217-Taylor-Swift-Eras-Tour-Is-Boosting-the.jpg)
