The FOMC said that "in recent months, there has been a lack of further progress" on lowering inflation to the Fed's 2% goal.
So far, the Fed has been making progress without wrecking economic growth. Prices in November rose just 3.1 percent from a year ago, down from the eye-catching rate of 9.1 percent in June 2022 and ...
The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of ... price index, the Fed's preferred inflation measure, ticked up to 2.7 percent in March.
If so, this would continue a recent run of meetings with the Fed leaving interest rates unchanged. The last interest rate increase came in July 2023. However, markets currently expect the Fed to ...
[Photo/Agencies] WASHINGTON -- The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent ... ultimately culminating in the cessation of the process known as ...
The Fed cited elevated short-term inflation risks, and they’re maintaining their cautious stance, which means, interest rates ...
(Updated at 0738 GMT) * Taiwan stocks jump to all-time high * Bank Indonesia keeps rates unchanged * Bank of Korea ... could provide more insight into the central bank's interest rate trajectory. The ...
The Mexican Peso (MXN) breaks higher in its most heavily traded pairs in the aftermath of the Bank of Mexico (Banxico) policy ...
Investing.com-- The Reserve Bank of New Zealand kept interest rates steady as expected on Wednesday, but flagged a potential delay in interest rate cuts due to headwinds from sticky inflation.
Interest rates are what central banks charge to their domestic banks to borrow money. Although central banks also use rates as a tool to stabilize the economy. Lower rates are meant to provide ...