Published 1 year ago

Fed facing a blurrier outlook as it meets to weigh rate hike

Summary by Ground News

The Federal Reserve is meeting to decide whether to keep raising interest rates. The policymakers will also try to forecast the likely path of growth, employment, inflation and their own rates. Most economists expect the Fed to announce a relatively modest quarter-point hike in its benchmark rate. But the upheaval in the banking industry has made any expectations far less certain.

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Associated Press News

Fed raises key rate by quarter-point

The Federal Reserve extended its year-long fight against high inflation by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that

1 year ago·United States

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abc News

Fed facing a blurrier outlook as it meets to weigh rate hike

The Federal Reserve is grappling with a hazier economic picture clouded by turmoil in the banking industry and still-high inflation just as it meets to decide whether to keep raising interest rates or declare a pause

1 year ago·United States

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Washington Times

Fed facing a blurrier outlook as it meets to weigh rate hike

1 year ago·United States

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KRDO

Fed facing a blurrier outlook as it meets to weigh rate hike

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve is grappling with a hazier economic picture clouded by turmoil in the banking industry and still-high inflation just as it meets to decide whether to keep raising interest rates or declare a pause. Yet the Fed will not only have to decide whether to extend its year-long streak of rate hikes despite the jitters roiling the financial industry. The policymakers will al…

1 year ago·Colorado Springs, United States

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KIFI

Fed facing a blurrier outlook as it meets to weigh rate hike

1 year ago·Idaho Falls, United States

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HuffPost

Fed Facing A Blurrier Outlook As It Meets To Weigh Rate Increase

Most economists expect the Federal Reserve to announce a relatively modest quarter-point hike in its benchmark rate, its ninth hike since March of last year.

1 year ago·United States

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