Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions.
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested. By Jeanna Smialek Jeanna Smialek covers economics and ...
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that ...
WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought ...
Federal Reserve Minutes: Policymakers Saw a Longer Path to Rate Cuts WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting ...
Still, while the yearly rise in consumer prices has moderated from a high of 9.1% in mid-2022, inflation is still running ...
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July ...