Get access to our best features
Get access to our best features
Published 25 days ago

Federal Reserve minutes indicate worries over lack of progress on inflation

  • Federal Reserve officials expressed concerns about inflation levels, with a lack of confidence to proceed with interest rate reductions, per minutes from the April 30-May 1 policy meeting of the Federal Open Market Committee.
  • Inflation remained above the Fed's 2% target, prompting worries among policymakers about the future trajectory of prices and their impact on consumers, especially those with lower incomes.
  • Recent data showed a slowdown in hiring and a cooling of price pressures, indicating a possible shift in the economic landscape since the meeting.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

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

Bias Distribution

  • 50% of the sources are Center
50% Center

To view factuality data please Upgrade to Premium


To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)