US Federal Reserve holds rates again over ‘elevated’ inflation
Wednesday, 20 March 2024 The US Federal Reserve opted to keep interest rates unchanged on Wednesday. However, policymakers signaled a plan to gradually decrease rates by three-quarters of a percentage point by the end of 2024. The central bank acknowledged slower progress towards achieving its 2% inflation goal. In its latest update, the Fed highlighted that inflation continues to be high.
Jerome Powell, chair of the Federal Reserve, warned reporters on Wednesday not to dismiss recent high inflation data when looking at how the economy is running, according to remarks made during a Federal Open Market Committee (FOMC) press conference.
Interest rates are currently at an all-time high as central banks such as the Bank of England, the US Federal Reserve, and the European Central Bank aim to bring inflation down to their..
Welcome Debt Slaves of America. If you are receiving this transmission, you are the Resistance. The Single Greatest Entity marching us to a New World Order is the single greatest entity Good Natured..
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or..
Credit: Wibbitz Top Stories Duration: 01:30Published
Wall Street's main stock indexes closed higher on Wednesday after the Federal Reserve eased investor jitters by keeping borrowing costs unchanged and reinforcing... IndiaTimes
Wednesday, 20 March 2024
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