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Published 1 month ago

Fed 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%.
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BBC NewsBBC News

US holds interest rates steady but signals cuts ahead

Forecasts from the Federal Reserve show officials still expect cuts by the end of the year.

1 month ago·United Kingdom
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The GuardianThe Guardian

Fed leaves interest rates unchanged but signals three cuts this year

Rates to stay at 25-year high of 5.25% to 5.5% as central bank says ‘inflation has eased over the past year but remains elevated’

1 month ago·London, United Kingdom
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ReutersReuters

Headline Unavailable

1 month ago·United Kingdom
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abc Newsabc News

Federal Reserve keeps key rate unchanged and still foresees 3 rate cuts this year

Federal Reserve keeps key rate unchanged and still foresees 3 rate cuts this year

1 month ago·United States
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Sydney Morning HeraldSydney Morning Herald

Fed chief Powell gives markets ‘green light’ as rate cuts loom

Federal Reserve officials signalled that they still expect to cut their key interest rate three times this year but see fewer rate cuts in 2025.

1 month ago·Sydney, Australia
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The Washington PostThe Washington Post

Fed leaves interest rates steady as officials debate timing for cuts

The central bank’s two-day meeting came on the heels of hotter-than-expected inflation reports that could complicate the path ahead.

1 month ago
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