"Participants observed that while inflation had eased over the past year, in recent months there had been a lack of further progress toward the Committee's 2 percent objective," the summary stated.
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 ...
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 ...
Still, while the yearly rise in consumer prices has moderated from a high of 9.1% in mid-2022, inflation is still running ...
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that ...
File image of US Federal Reserve Chair Jerome Powell responding to a question at an event in February 2024(Reuters / Amanda Andrade-Rhoades) Federal Reserve officials earlier this month coalesced ...
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 ...
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 ...