US EditionFed keeps rates steady as it notes lack of further progress on inflation
- Futures contracts predict a 25 basis point rate cut by year's end, far different from the 175 points expected at the year's start, with Fed projecting rates to reach 4.6% by end of 2024
- The Federal Open Market Committee chose to slow bond holdings reduction, seen as a minor monetary policy easing
157 Articles
157 Articles
US Federal Reserve leaves interest rates unchanged
The US Federal Reserve held interest rates steady last night and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings that could make those rate cuts a while in coming.
The Fed leaves rates unchanged because of lack of further progress on lowering inflation
The United States kept interest rates unchanged, given 'a lack of further progress' toward lowering inflation. This means the Fed rate at 5,25% and 5,5% is at the highest level in more than two decades.
Federal Reserve holds rates steady, raises concerns over lack of inflation progress
The US Federal Reserve has opted to maintain interest rates at their current levels in its latest meeting, indicating a continued inclination towards potential future rate cuts. However, the central bank was apprehensive regarding recent below par inflation metrics, suggesting that such cuts might be delayed until further progress is observed.
Coverage Details
Bias Distribution
- 37% of the sources lean Left, 37% of the sources are Center
![Lenta.RU [🇷🇺-affiliated]](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2F54d337f93d4216c40f0bbf0a3a7b46c926c46551.jpg%3Fwidth%3D60&w=128&q=75)
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
