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
US inflation proves stubborn. That's why the Fed keeps interest rates stable at a high level. Anyone hoping for quick interest rate cuts has to exercise patience. The US Federal Reserve (Fed) continues to hint at interest rate cuts this year - but keeps all options open. The Fed left its key interest rate at a high level between 5.25% and 5.5% on Wednesday. This rate can be borrowed as central bank money by banks. The key interest rate remains a…
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…
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