Reserve Bank leaves interest rates on hold but odds of cut soon remain high
5 years, 10 months ago

Reserve Bank leaves interest rates on hold but odds of cut soon remain high

ABC  

Despite a significant level of anticipation the Reserve Bank would cut interest rates this month, it has kept them on hold for the 30th consecutive meeting. Key points: The Reserve Bank's cash rate target remains on hold at a record low 1.5 per cent for the 30th meeting Markets are pricing in a greater-than-70 per cent chance of rates falling by the August meeting The RBA is looking for further falls in unemployment or underemployment to boost inflation, otherwise it may cut rates The record-low cash rate of 1.5 per cent has been at that level since the last move in August 2016, although money market traders do not expect it to stay there much longer. Bureau of Statistics figures show consumer prices remained unchanged over the first three months of this year, for an annual inflation rate of 1.4 per cent when the most volatile price changes were removed. That inflation rate is well below both the Reserve Bank's forecasts and its 2-3 per cent target range, and caused a massive surge in betting on a May rate cut. "That they want to see 'further improvement' in the labour market to meet their inflation objectives is an acknowledgement that a 5 per cent unemployment rate is no longer good enough. "

Market Inflation Unemployment Interest Rates Cent Cut Rates Interest Rate Rba Reserve Bank Reserve Hold  reserve  interest  rate  rates  odds  leaves  hold  remain  soon  unemployment  rba  banks  cent  high  cut  inflation  market

History of this topic

Riksbank Minutes Show Policy Makers Unfazed by Inflation Jump
4 days, 14 hours ago

Riksbank Minutes Show Policy Makers Unfazed by Inflation Jump

Live Mint  

-- Riksbank officials last week agreed on the temporary nature of a recent surge in inflation while also stressing the need for vigilance even as they see no interest-rate moves on the horizon. Several of the five executive board members highlighted differences between the inflation acceleration at the start of 2022 and the situation in past months, according to the …

Central banks turn more cautious on rate cuts
1 week, 3 days ago

Central banks turn more cautious on rate cuts

Live Mint  

* Central bank easing meets global caution * BoE keeps rates steady, SNB cuts on Thursday * BOJ remains the G10 outlier By Yadarisa Shabong and Alun John March 20 - Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global economics and politics grows. Here's a look at where …

Bank of England holds interest rates at 4.5% amid 'Stagflation' fears: Cuts paused as wages surge despite economic slowdown driven by Labour's tax raid and Trump's trade war
1 week, 3 days ago

Bank of England holds interest rates at 4.5% amid 'Stagflation' fears: Cuts paused as wages surge despite economic slowdown driven by Labour's tax raid and Trump's trade war

Daily Mail  

The Bank of England snubbed pleas for interest rate cuts today amid fears inflation is still a threat. BoE governor Andrew Bailey has been keen to stress that the committee wants to take a 'gradual and careful approach' to reducing rates while monitoring changes in the UK and global economy The Pound immediately ticked up against the US dollar on …

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Trending News
1 week, 3 days ago

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

Associated Press  

LONDON — The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee was widely expected, and comes a day …

US Fed keeps interest rates unchanged: Key takeaways from the meeting
1 week, 4 days ago

US Fed keeps interest rates unchanged: Key takeaways from the meeting

India Today  

The US Federal Reserve has decided to keep interest rates steady, maintaining its benchmark rate in the range of 4.25-4.50%. Here are the key takeaways from the meeting: INTEREST RATES UNCHANGED The Federal Open Market Committee voted to keep interest rates unchanged. The Fed had previously signalled that it could consider rate cuts in 2025, but policymakers are closely watching …

Federal Reserve keeps interest rate unchanged, sees slower growth and higher inflation
1 week, 4 days ago

Federal Reserve keeps interest rate unchanged, sees slower growth and higher inflation

Firstpost  

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain US Federal Reserve Chair Jerome Powell holds a press conference after the Monetary Policy Committee meeting, at the Federal Reserve in Washington, DC on Wednesday. AFP The Federal Reserve kept …

Mint Quick Edit | Inflation: In RBI’s control at last?
2 weeks, 3 days ago

Mint Quick Edit | Inflation: In RBI’s control at last?

Live Mint  

In January 2025, inflation was almost 4.3%. Policymakers at RBI would be heaving a sigh of relief, as the drop seems to validate their decision to cut interest rates last month in anticipation of a price cool-off. With concerns of economic growth having mounted, RBI’s next decision due in April could confirm a pivot away from inflation control to a …

Pakistan pauses rate cuts, but likely not for long
2 weeks, 4 days ago

Pakistan pauses rate cuts, but likely not for long

The Hindu  

With inflation cooling, Pakistan's central bank hit pause on its multiple rounds of monetary easing that might have risked destabilising its currency or worsening the trade deficit. Economists said the government should shift its focus to implementing economic reforms as interest rate cuts are not the elixir for growth, after the country's central bank on Monday unexpectedly kept interest rates …

Fed Chair Powell says interest rates on hold with economic uncertainty widespread
3 weeks, 2 days ago

Fed Chair Powell says interest rates on hold with economic uncertainty widespread

Associated Press  

NEW YORK — The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s policies to resolve, Chair Jerome Powell said Friday at a conference in New York. Powell said the Trump administration is making policy changes in several areas, including trade, taxes, government …

European Central Bank cuts rates again as threat of trade war with Trump weighs on economy
3 weeks, 3 days ago

European Central Bank cuts rates again as threat of trade war with Trump weighs on economy

Associated Press  

FRANKFURT, Germany — The European Central Bank has cut interest rates by another quarter percentage point to boost growth, lowering credit costs for consumers and businesses to support an economy that is struggling to grow - and could soon face even stronger headwinds from threatened U.S. tariffs. That is already having an impact, said ECB head Christine Lagarde, who said …

Interest rate cuts might not be 'rapid' due to 'sticky' inflation, Bank of England chiefs warn as they highlight 'substantial' risks from Trump's trade war
3 weeks, 4 days ago

Interest rate cuts might not be 'rapid' due to 'sticky' inflation, Bank of England chiefs warn as they highlight 'substantial' risks from Trump's trade war

Daily Mail  

Bank of England chiefs today warned of a dual threat from sticky inflation and Donald Trump's trade war. Giving evidence to MPs, the Bank's chief economist Huw Pill warned interest rates might not fall as fast as hopes because there is still 'more work to do' to tackle price pressures. Meanwhile, Governor Andrew Bailey told the Treasury Select Committee there …

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
3 weeks, 6 days ago

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

Associated Press  

FRANKFURT, Germany — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank - but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth. The February figure for the 20 countries that use …

UK inflation and interest rates 2025 predictions: What it means for your money
1 month ago

UK inflation and interest rates 2025 predictions: What it means for your money

The Independent  

Hopes of interest rates coming down quickly this year appear to be fading amid rising taxes and economic uncertainty in the UK. Inflation may no longer be at double digits and the cost of living measure even managed to hit the 2 per cent target last year, which prompted interest rate cuts in August and November. He said: “The Bank …

Why are the banks waiting to pass on the Reserve Bank's rate cut?
1 month, 1 week ago

Why are the banks waiting to pass on the Reserve Bank's rate cut?

ABC  

Within minutes of the Reserve Bank of Australia announcing it would cut interest rates on Tuesday, the major banks were quick to share they were following suit. "Over the past few years, the big banks have maintained a relatively consistent time frame for passing on RBA cash rate hikes to its variable mortgage customers," she said. "It may well be …

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
1 month, 1 week ago

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts

Associated Press  

WASHINGTON — Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump’s proposed tariffs and mass deportations of migrants, as well as strong consumer spending, …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month, 1 week ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation in the U.K. rose …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month, 1 week ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

Associated Press  

LONDON — Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England. The spike, which took inflation further above the bank’s target of 2%, was largely due to increases in airfares, food casts and private school fees in …

Why the Reserve Bank poured cold water on future interest-rate-cut expectations
1 month, 1 week ago

Why the Reserve Bank poured cold water on future interest-rate-cut expectations

ABC  

It didn't take long for the spectre of Oliver Twist to appear. No sooner had Reserve Bank governor Michele Bullock taken the lectern to confirm the news most Australians wanted to hear, that interest rates would be cut for the first time in more than four years, than the obvious question hung in the air. Relief for borrowers as RBA …

Borrowers on edge ahead of RBA decision
1 month, 1 week ago

Borrowers on edge ahead of RBA decision

ABC  

Andy Park: Hello, welcome to The World Today. If by its very nature, the Reserve Bank cutting interest rates stimulates demand and increases inflation, if underlying inflation still isn't within the Reserve Bank's band of between 2% and 3%, won't an interest rate cut have policy makers put up the white flag on inflation? Jane Bardon: The independent Yolngu MP …

Why the Reserve Bank has little option but to cut interest rates
1 month, 1 week ago

Why the Reserve Bank has little option but to cut interest rates

ABC  

After more than six months of conjecture and on-again off-again signals, interest rates are about to start a descent. In the December quarter, core inflation came in at just 0.5 per cent which, if you annualise it, comes in at just 2 per cent, smack bang at the bottom of the RBA's target range. Core inflation has dropped rapidly, more …

Reserve Bank cuts interest rates to 4.1 per cent after 13 rate hikes — as it happened
1 month, 1 week ago

Reserve Bank cuts interest rates to 4.1 per cent after 13 rate hikes — as it happened

ABC  

Whether you've been hanging out with us all day or tuned in this afternoon, thanks so much for spending some of your Tuesday with us. But if you're hungry for even more interest rates content tonight, you're in luck. On 7.30, host Sarah Ferguson will speak to Treasurer Jim Chalmers and Westpac chief economist Luci Ellis about the RBA's decision …

Reserve Bank cuts interest rates for the first time since November 2020
1 month, 1 week ago

Reserve Bank cuts interest rates for the first time since November 2020

ABC  

The Reserve Bank of Australia has cut interest rates for the first time since November 2020. RBA governor Michele Bullock noted that the rise in interest rates from the "emergency lows" of the pandemic had meant households with home loans were hurting, but argued high inflation caused more pain. At the post-meeting press conference, Ms Bullock said she couldn't confirm …

How banks are responding to Reserve Bank decision to cut interest rates
1 month, 1 week ago

How banks are responding to Reserve Bank decision to cut interest rates

ABC  

Australia's major banks have already announced rate cuts following the Reserve Bank of Australia's decision to cut interest rates for the first time in four years. NAB announced it would cut home loan interest rates by 0.25 per cent, with Personal Bank group executive Ana Marinkovic saying they were "very pleased" with the decision. Variable home loan interest rates will …

How many more interest rate cuts is the RBA likely to make?
1 month, 1 week ago

How many more interest rate cuts is the RBA likely to make?

ABC  

The Reserve Bank has finally delivered the rate cut many highly indebted mortgage borrowers have been crying out for. The bank's educated guesses of the neutral cash rate range from as low as around 1.5 per cent to nearly 4 per cent depending on which economic model and set of assumptions it uses. It could be that today's cash rate …

Pressure on Reserve Bank to cut rates
1 month, 1 week ago

Pressure on Reserve Bank to cut rates

ABC  

Sabra Lane: Good morning, welcome to AM, I'm Sabra Lane, coming to you from Nipaluna, Hobart. The Reserve Bank of Australia wraps up its first meeting of the year this afternoon and it's widely tipped to cut the official interest rate by 0.25 per cent. Cherelle Murphy : I think that the Reserve Bank certainly has a good case to …

US inflation tops forecasts, dimming chances for Federal Reserve rate cuts
1 month, 2 weeks ago

US inflation tops forecasts, dimming chances for Federal Reserve rate cuts

Hindustan Times  

Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest rates anytime soon. The so-called core consumer price index — which excludes food and energy costs — increased 0.4% in January after a 0.2% advance in December, Bureau of Labor Statistics figures showed Wednesday. Wednesday’s report serves as further evidence that …

Powell says Fed doesn’t need to rush on rate cuts
1 month, 2 weeks ago

Powell says Fed doesn’t need to rush on rate cuts

Live Mint  

WASHINGTON—Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates. Powell defended last year’s rate cuts as a needed recalibration of its policy stance to account for improvement on inflation …

Will interest rates keep falling and can the UK dodge recession? This is Money podcast
1 month, 2 weeks ago

Will interest rates keep falling and can the UK dodge recession? This is Money podcast

Daily Mail  

The Bank of England has delivered another rate cut but big questions remain over what happens next? Forecasters had largely agreed that this year would see another two base rate cuts, but the Bank delivered a pair of verdicts that could push ratesetters down a different path. On this podcast episode, Georgie Frost, Simon Lambert and Helen Crane discuss the …

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
1 month, 2 weeks ago

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill

Associated Press  

WASHINGTON — The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the economy. On Friday, Fed governor Adriana Kugler said that the labor market was “stable” and that “gives us a little bit of …

RBI’s first rate cut in five years is small but can be effective
1 month, 2 weeks ago

RBI’s first rate cut in five years is small but can be effective

Live Mint  

Last week’s monetary policy meeting has several firsts to its credit: It was the first of 2025, the first under a new governor of the Reserve Bank of India, the first since Donald Trump became US president, and the first in five years to cut the repo rate. The result is that the RBI’s operational target—the call money rate, or …

RBI kicks off rate cut cycle—what it means for borrowers and markets
1 month, 3 weeks ago

RBI kicks off rate cut cycle—what it means for borrowers and markets

Live Mint  

The long-awaited policy rate easing by the Reserve Bank of India is finally here. Meanwhile, GDP growth, at 5.4% in the July–September 2024 quarter, is estimated at 6.5% for the full fiscal year—below India’s potential growth rate, warranting monetary support. The RBI is also introducing forward contracts in government securities, enabling long-term investors like insurance funds to better manage interest …

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc
1 month, 3 weeks ago

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc

The Hindu  

India Inc. welcomed the Reserve Bank of India’s move to slash the benchmark interest rate for the first time in nearly five years on Friday and asserted that it will complement the consumption-boosting measures announced in the last week’s Budget, providing much-needed support to the economy. Industry bodies were of the view that the Reserve Bank's 25 basis points rate …

Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
1 month, 3 weeks ago

Mint Explainer | RBI's rate cut and how it will benefit retail borrowers

Live Mint  

Mumbai: The Reserve Bank of India’s monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. The first rate cut in five years, the Monetary Policy Committee's decision will lead to lower equated monthly instalments or EMIs by retail borrowers by an equivalent amount, provided their rates are linked …

Bank of England CUTS interest rates to 4.5% in boost for Brits amid fears over Labour's stalling economy... but could Trump's tariffs thwart hopes of more falls?
Top News
1 month, 3 weeks ago

Bank of England CUTS interest rates to 4.5% in boost for Brits amid fears over Labour's stalling economy... but could Trump's tariffs thwart hopes of more falls?

Daily Mail  

The Bank of England boosted Brits today by cutting interest rates amid fears over the stalling economy. The need to kickstart activity looks to have outweighed fears that Donald Trump's trade tariffs will put upwards pressure on inflation - something Threadneedle Street uses interest rates to counter. The Bank of England in London is pictured yesterday ahead of the base …

Bank of England expected to cut key UK interest rate to 4.50%
1 month, 3 weeks ago

Bank of England expected to cut key UK interest rate to 4.50%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

Bank of England expected to resume interest rate cuts
Trending News
1 month, 3 weeks ago

Bank of England expected to resume interest rate cuts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Senior economists at the Bank of England will announce …

RBI starts interest rate deliberations amid expectations of 25-bps cut
1 month, 3 weeks ago

RBI starts interest rate deliberations amid expectations of 25-bps cut

Hindustan Times  

Days after the Union Budget, the Reserve Bank of India on Wednesday started deliberations on the monetary policy amid expectations of a 25 basis-points rate cut, which will be the first in five years, as inflation remains within central bank's comfort zone, though the sliding rupee continues to be a concern. Pradeep Aggarwal, founder and chairman, Signature Global opined that …

When does the RBA meet, what's expected to happen to interest rates and how much could you save?
1 month, 3 weeks ago

When does the RBA meet, what's expected to happen to interest rates and how much could you save?

ABC  

There could soon be relief for households with a mortgage, with economists predicting an interest rate cut when the Reserve Bank board meets in February. The board's decision to cut, increase or keep the official cash rate unchanged will be announced shortly after the meeting concludes at 2:30pm AEDT on February 18. Loan size Repayments decrease $600,000 -$92 $750,000 -$115 …

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts
1 month, 4 weeks ago

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Senior economists at the Bank of England will meet …

ECB to look past Trump risk and push on with rate cuts
2 months ago

ECB to look past Trump risk and push on with rate cuts

Raw Story  

by Sam Reeves Despite U.S. President Donald Trump's saber-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track. "We are confident of seeing inflation at target in the course" of this year, President Christine Lagarde said in an interview with US broadcaster …

South African Central Bank Set to Turn More Hawkish as it Cuts Rates
2 months ago

South African Central Bank Set to Turn More Hawkish as it Cuts Rates

Live Mint  

-- The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts. “Downside surprises to South African inflation, plus the fact that there are very little local inflationary pressures, will convince the bank to cut rates,” said Old …

The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
2 months ago

The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well

CNN  

New York CNN — The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow …

Fed leaves rates unchanged, sees no hurry to cut again
Trending News
2 months ago

Fed leaves rates unchanged, sees no hurry to cut again

Live Mint  

* US central bank leaves policy rate in 4.25%-4.50% range * Officials still waiting for clarity on Trump policies * 'We do not need to be in a hurry,' Powell says By Howard Schneider, Michael S. Derby WASHINGTON, Jan 29 - The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would …

How Federal Reserve's interest rate pause will impact regular American wallets
2 months ago

How Federal Reserve's interest rate pause will impact regular American wallets

Hindustan Times  

Borrowers hoping for more financial relief from the Federal Reserve may need to wait longer, as the central bank is expected to pause additional rate cuts at its January 29 meeting. Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate reductions last year. How Fed's interest rate pause affects borrowers “Anyone …

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’
Trending News
2 months ago

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’

Hindustan Times  

The US Federal Reserve on Wednesday decided to keep the interest rate cuts unchanged in its first major decision under President Donald Trump's second term. The Fed Reserve said that the interest rate will remain unchanged in the 4.25-4.50% range, noting that inflation remains "somewhat elevated, and economic outlook is uncertain". The Fed statement does not include the language that …

US FOMC to announce interest rate decision soon: Will Fed cut rates due to Trump pressure?
2 months ago

US FOMC to announce interest rate decision soon: Will Fed cut rates due to Trump pressure?

Firstpost  

Last week, Trump revived his criticism of the Fed and its chair Jerome Powell, whom he first appointed to run the US central bank. ‘I’ll demand that interest rates drop immediately,’ he said After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause …

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
2 months ago

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump

Associated Press  

WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue. In a statement, the Fed said the job market is “solid,” and noted …

Inflation fall sparks hopes for a rate cut
2 months ago

Inflation fall sparks hopes for a rate cut

ABC  

Welcome to The World Today. Andy Park: So the question that really matters is how will the Reserve Bank likely view these figures ahead of next month's interest rates decision? Andy Park: Two of Victoria's national parks remain closed as fire crews continue to bring several large bushfires under control in Victoria's west. Kathleen O'Connor: Fire crews have spent the …

Fed pauses interest rate cuts. What happens next may depend on Trump
2 months ago

Fed pauses interest rate cuts. What happens next may depend on Trump

LA Times  

President Trump nominated Jerome Powell to be the Fed chair in 2017 but frequently criticized him for not lowering interest rates in Trump’s first term. After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and President Trump’s continued threats of new …

The Federal Reserve holds interest rates steady as inflation remains stubborn
2 months ago

The Federal Reserve holds interest rates steady as inflation remains stubborn

NPR  

The Federal Reserve holds interest rates steady as inflation remains stubborn toggle caption Andrew Caballero-Reynolds/AFP The Federal Reserve held interest rates steady Wednesday as it seeks to curb stubborn inflation. Sponsor Message While the decision to leave rates unchanged was widely expected, it sets up a potential clash with President Trump, who told reporters earlier this month that he believes …

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