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Published 8 days ago

US Federal Reserve keeps rates steady despite softer inflation data

Summary by France24
The US Federal Reserve has decided to keep its lending rate unchanged at the current 5.25% - 5.50% range and projected just one rate cut this year, despite soft inflation data.  But first, the European Commission has informed China that it will impose new tariffs of up to 38% on Chinese-made electric cars from 4 July unless a solution is found otherwise. This comes following months of investigation into Chinese subsidies.

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大纪元 www.epochtimes.com大纪元 www.epochtimes.com

The US Federal Reserve keeps interest rates unchanged or cuts interest rates once during the year

On Tuesday (June 12), a Federal Reserve official hinted that a rate cut may be possible in 2024, but most voting officials are not in a hurry to cut rates, despite somewhat improved inflation data released earlier that day.

8 days ago
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RIA Novosti [🇷🇺-affiliated]RIA Novosti [🇷🇺-affiliated]

The US Federal Reserve kept its base rate

Following the June meeting, for the sixth time in a row, the US Federal Reserve System (FRS) kept its base interest rate at 5.25-5.5% per annum,... RIA Novosti, June 12, 2024

8 days ago·Russian Federation
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France24France24

US Federal Reserve keeps rates steady despite softer inflation data

The US Federal Reserve has decided to keep its lending rate unchanged at the current 5.25% - 5.50% range and projected just one rate cut this year, despite soft inflation data.  But first, the European Commission has informed China that it will impose new tariffs of up to 38% on Chinese-made electric cars from 4 July unless a solution is found otherwise. This comes following months of investigation into Chinese subsidies.

8 days ago·France
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KurierKurier

US Federal Reserve keeps interest rates stable.

The base interest rate remains in a range of 5.25 to 5.50 percent. Bank economists had expected this decision.

8 days ago
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Frankfurter AllgemeineFrankfurter Allgemeine

US Federal Reserve keeps interest rates stable.

Inflation in the USA has fallen slightly. The US Federal Reserve Fed is nevertheless leaving the key interest rate unchanged once again.

8 days ago·Frankfurt, Germany
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der Standard ATder Standard AT

US Federal Reserve keeps interest rate stable.

The base interest rate remains in a range of 5.25 to 5.5 percent. This decision was expected by bank economists.

8 days ago
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