Published 2 years ago

Fed saw evidence of a slowing economy at its last meeting

Summary by Ground News

Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting. But they still raised their benchmark interest rate by a sizable three-quarters of a point. In minutes from their July 26-27 meeting released Wednesday, the policymakers said they expected the economy to expand in 2022.

0 Articles

All

Left

Center

Right

Associated Press News

Fed saw evidence of a slowing economy at its last meeting

WASHINGTON (AP) — Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still called inflation “unacceptably high’’ before raising their benchmark interest rate

2 years ago·United States

Read Full Article

KRDO

Fed saw evidence of a slowing economy at its last meeting

By PAUL WISEMAN AP Economics WriterWASHINGTON (AP) — Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still called inflation “unacceptably high’’ before raising their benchmark interest rate by a sizable three-quarters of a point in their drive to slow spiking prices. In minutes from their July 26-27 meeting, released Wednesday, the policymakers said they expected the U.S. economy to expand in the…

2 years ago·Colorado Springs, United States

Read Full Article

KVIA

Fed saw evidence of a slowing economy at its last meeting

2 years ago·Panama City, United States

Read Full Article

Star Tribune

Fed saw evidence of a slowing economy at its last meeting

Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still called inflation "unacceptably high'' before raising their benchmark interest rate by a sizable three-quarters of a point in their drive to slow spiking prices.

2 years ago·Minneapolis, United States

Read Full Article

WPLG

Fed saw evidence of a slowing economy at its last meeting

Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still called inflation “unacceptably high’’ before raising their benchmark interest rate by a sizable three-quarters of a point in their drive to slow spiking prices.In minutes from their July 26-27 meeting released Wednesday, the policymakers said they expected the U.S. economy to expand in the second half of 2022. But many of them suggested that g…

2 years ago·Miami, United States

Read Full Article

WKMG

Fed saw evidence of a slowing economy at its last meeting

Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still called inflation “unacceptably high’’ before raising their benchmark interest rate by a sizable three-quarters of a point in their drive to slow spiking prices.In minutes from their July 26-27 meeting released Wednesday, the policymakers said they expected the economy to expand in the second half of 2022. But many of them suggested that growth…

2 years ago·Orlando, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.