Fed holds rates steady but indicates three cuts coming sometime this year

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…

Fed leaves interest rates steady as officials debate timing for cuts

The Federal Reserve is still eyeing three interest rate cuts this year, as officials wait for a bit more confidence that inflation is reliably falling to more normal levels.

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

Las dejó en el rango de referencia de 5,25-5,50 por ciento. El presidente de la Fed, Jerome Powell, reiteró en una rueda de prensa este miércoles que la inflación en Estados sigue siendo "demasiado alta". La reducción sería de 0,75 puntos porcentuales en total en lo que resta del año.