Fed Meeting Live Updates: Central Bank Reviews Interest Rates as Inflation Pushes on Prices
4 Articles
4 Articles
The US Federal Reserve (Fed) kept its benchmark interest rate unchanged today at around 3.9 percent despite persistently high inflation, while giving little indication of next steps.
The central bank acknowledged that inflation remains high and improved its assessment of the evolution of the economy, leaving open the possibility of further increases in the cost of money in the coming months.The entry The Federal Reserve maintained interest rates in the US and warned that inflation remains high was first published on Ultima Cable - World News.
Fed Meeting Live Updates: Central Bank Reviews Interest Rates as Inflation Pushes on Prices
Karla Guity and her family pay just $1,800 a month for a three-bedroom house with a yard in Shoreline, Wash., just north of Seattle. The modest rent meant she did not have to work when her two daughters were young. She loves the neighborhood and the local schools. She also worries she will never be […]
The US central bank's room for maneuver is becoming increasingly narrow, while the economy is performing stronger than expected and inflation still refuses to return to the desired level.
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