The Fed said it still needs greater confidence that inflation will return to target before it will cut rates. The post Fed Holds Rates Steady But Sends Mixed Signals About Timing of A Cut Later This Year appeared first on Breitbart.
Tag: US Federal Reserve
Federal Reserve Chair Jerome Powell: Migration Is 'Neutral' for Inflation
The U.S. government’s use of immigration raises inflation pressures in some parts of the economy, but also reduces it in other parts of the economy, Federal Reserve Chair Jerome Powell told Sen. JD. Vance (R-OH). The post Federal Reserve Chair Jerome Powell: Migration Is ‘Neutral’ for Inflation appeared first on Breitbart.
Breitbart Business Digest: Fed's Bowman Sees No Cuts This Year, Warns of Possible Rate Hike
The biggest underpriced risk in the market is still a hike from the Federal Reserve. The post Breitbart Business Digest: Fed’s Bowman Sees No Cuts This Year, Warns of Possible Rate Hike appeared first on Breitbart.
Breitbart Business Digest: The Dot Thickens Ahead of the Fed Announcement
All eyes will be on the dots tomorrow when the Federal Reserve releases its quarterly economic forecasts known as the Summary of Economic Projections, or SEP. The post Breitbart Business Digest: The Dot Thickens Ahead of the Fed Announcement appeared first on Breitbart.
Inflation Cools More Than Expected, Providing Relief for Consumers and the Fed
America got some good news on inflation on Wednesday, possibly opening the door for lower interest rates this year. The post Inflation Cools More Than Expected, Providing Relief for Consumers and the Fed appeared first on Breitbart.
Carney on Kudlow: Fed Hasn't Seen Enough Weakness to Cut Rates
Breitbart News economics editor John Carney said Tuesday on Fox Business Network’s “Kudlow” that a few months of weakness was insufficient for the Federal Reserve to cut interest rates. The post Carney on Kudlow: Fed Hasn’t Seen Enough Weakness to Cut Rates appeared first on Breitbart.