US EditionFed holds rates steady but indicates three cuts coming sometime this year
- The US Federal Reserve decided to maintain interest rates at a high level for a fifth consecutive meeting on Mar 20. It plans to make three cuts this year.
- The Fed aims to carefully assess data and risks, with Chair Powell stating that inflation remains a concern and its path forward is uncertain.
- Fed policymakers upgraded the US growth outlook for 2024 to 2.1%, while leaving headline inflation forecast unchanged and raising core inflation outlook to 2.6%.
115 Articles
115 Articles
Fed clears path for rate cuts: Powell lifts stocks and gold higher
The Federal Reserve has set the stage for interest rate cuts later this year, indicating a shift from its long-standing restrictive policy. March's FOMC meeting kept rates stable but hinted at three cuts in 2024. The projection spiked investor confidence, pushing the S&P 500 and gold to record highs
Federal Reserve still foresees 3 interest rate cuts in 2024
WASHINGTON — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street, despite signs that inflation remained elevated at the start of the year. For now, the officials kept their benchmark rate unchanged for a fifth straight time. Speaking at
De forma positiva reaccionarios los mercados internacionales y el local luego de que en la tarde de este miércoles la Reserva Federal de EEUU (Fed) diera a conocer su decisión de política monetaria y su presidente, Jerome Powell, ratificara que parece necesario comenzar a relajar las tasas en algún momento de este año.Así, en una decisión unánime y tal como esperaba el mercado, la Reserva Federal mantuvo las tasas de interés en su reunión de mar…
Stocks surge after Fed indicates more rate cuts
All three major indexes were on pace to close at all-time highs on Wednesday afternoon, as investors cheered the Federal Reserve’s statement that it still expects three interest rate cuts this year, reports CNN. The S&P 500 gained 0.7 per cent , reaching an intraday record of 5,200 for the first time. The Dow rose
The Federal Reserve today indicated that it still expects to lower the key interest rate three times this year despite signs that inflation remains surprisingly high, but it predicts it will do so less frequently in 2025 and has slightly increased its inflation forecasts.
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