"After undertaking three interest rate cuts in last four months of 2024, the Federal Reserve has decided to pump the brakes," Joe Gaffoglio, CEO of Mutual of America Capital Management, said in an email. In the meantime, inflation-weary consumers won't get much relief from still-high bor...
Federal Reserve officialssaidthey are leaving the central bank's benchmark interest rate unchanged, a decision widely expected by economists after recent inflation data showed that prices are stillincreasing at a faster pacethan the Fed would like. Even so, most officials are predicting three rate ...
The article reports that the increase in the U.S. Federal Reserve's interest rate is not expected to affect the health care companies which have capitalized on the prolonged period of cheap borrowing to refinance debt and loan for mergers and acquisitions.EBSCO_bspChain Drug Review...
The Federal Reserve delivered that message Wednesday, first in a policy statement and then in a news conference at which Chair Jerome H. Powell reinforced it. The Fed did signal that it’s nearing along-awaited shifttoward cutting interest rates, evidence that officials are confident that they...
Interest rates from the Federal Reserve are a little bit lower than they used to be, but they’re nowhere near as cheap as they were during the coronavirus pandemic-era. The U.S. central bank’s key borrowing benchmark is currently in a target range of 4.25-4.5 percent, where it will...
TheFederal Reserveannounced Wednesday it will leaveinterest ratesunchanged as inflation continues to run above the Fed's 2% mandate. The move comes after the central bankcut its benchmark interest rateby a full percentage point last year and in the wake of PresidentDonald Trump'scommentduring ...
America’s Federal Reserve cut interest rates by another quarter-point, to 3.75%. Wall Street, which had been (1) for a sixth half-point cut, was disappointed. The Dow fell by 2% (2) the week. The past week’s economic statistics gave mixed signals. Exports dropped by 2% in both Mar...
D.(D) The Federal Reserve lowered the discount rate to lubricate credit market. 相关知识点: 试题来源: 解析 B [听力原文]6-10 Washington The Federal Reserve cut interest rates by a modest quarter-percentage point on Tuesday, disappointing Wall Street hopes for bolder action but offering a bit ...
When announcing its decision to raise rates, the Federal Reserve also reiterated its goal to achieve a long-term inflation average of 2%, which is significantly lower than the7.9% annual inflation ratereported in February. The central bank also said that it "anticipates that ongoing increases in...
It’s another reminder that the Fed doesn’t control mortgage rates. “Despite the cuts to the short-term interest rates by the Federal Reserve, mortgage rates have largely refused to budge,” said Lawrence Yun, chief economist at the National Association of Realtors (NAR). The Federal Reserv...