The Federal Reserve will announce a decision Wednesday on potential interest rate cuts as inflation appears to cool. CBS News contributor Javier E. David has more on what economists expect.Aug 1, 2024 Twitter Facebook Email Embed embed code copied ...
What did the Federal Reserve decide on interest rates? The Federal Reserve concluded its latest policy meeting Wednesday, and made a decision on interest rates. CBS News Business Analyst Jill Schlesinger joins us from New York.Mar 21, 2024 Twitter Facebook Email...
ABC News business reporter Alexis Christoforous breaks down the Federal Reserve’s decision on interest rates, and what it means for you and your wallet. May 2, 2024 Additional Live Streams Live ABC News Live Live Former President Carter lies in repose at the Carter Center in Atlanta Live Maj...
The Federal Reserve is set to make its latest announcement on interest rates Wednesday, with new inflation data potentially influencing the decision. Wednesday's Consumer Price Index Report showed core inflation, which factors out food and fuel prices, rose by 0.2 % in May -- a slightly slower ...
Financial markets are awaiting the Federal Reserve’s decision on interest rates. The central bank is anticipated to raise borrowing costs by a quarter percentage point, to a 22-year high, with the announcement expected at 2 p.m. Eastern time. Futures markets peg a 98.9% likelihood of ...
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 roughly 5.3%. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fed’s belief that inflation was steadily easing....
Markets had been anxiously awaiting the Fed's decision. Investors had been expecting the Fed to tee up the first of multiple rate hikes, and in fact are pricing in a more aggressive schedule this year than FOMC officials indicated in their December outlook. At that time, the committee pencil...
The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain US growth despite a slowdown in other parts of the world, but signaled there would be no further reductions unless the economy takes a turn for the worse.美联储30日宣布进行年内第三次降息,以在...
Stocks gain in advance of Federal Reserve decision on interest rates
Powell said the Fed will monitor the labor market and inflation data ahead of its next decision on interest rates.(Liu Jie/Xinhua via / Getty Images) Powell said downside risks to the labor market have diminished, but noted that the labor market is looser than it was before the pandemic an...