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The U.S. Federal Reserve roiled markets Wednesday after raising its inflation outlook and signaling fewer rate cuts next year. A stronger U.S. dollar on the back of higher interest rates — and ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
On Wednesday, the SEP showed nine Fed participants predict the federal-funds rate will be in a target range of 3.75% to 4% by the end of 2025, compared with the current range of 4.25% to 4.5%.
If the Fed cuts interest rates later this year, savings and CD yields will likely fall too. Here’s what the central bank is ...
WASHINGTON – The Federal Reserve held its key interest rate steady Wednesday and opened the door to rate cuts but signaled that a March move is probably a long shot despite rapidly slowing ...
The U.S. Federal Reserve roiled markets Wednesday after raising its inflation outlook and signaling fewer rate cuts next year. A stronger U.S. dollar on the back of higher interest rates — and ...