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The Fed expects only one rate cut this year amid sticky inflation
CBS News· 6 days agoThe Federal Reserve on Wednesday left its benchmark interest rate unchanged and penciled in only one...
The Fed Holds Rates Steady and Predicts Just One Reduction This Year
New York Times· 6 days agoFederal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation. Note: The rate< ...
May Consumer Inflation Comes in Cooler Than Expected on Lower Gasoline Prices
US News & World Report· 6 days agoFor the year, consumer inflation is running at a 3.3% rate, while the core is up 3.4%. “Wednesday's weaker-than-expected CPI will allow the Fed to start cutting interest ...
Federal Reserve sees progress on inflation but envisions just 1 rate cut this year
Portland Press Herald· 6 days agointerest rate just once this year. WASHINGTON — Federal Reserve officials said Wednesday that...
Fed sees some progress on inflation but envisions just one rate cut this year
The Day· 6 days agoOn Wednesday, June 12, 2024, the Federal Reserve ends its latest meeting by issuing a policy...
Fed slaps down rate-cut hopes despite cool inflation report: 'We'll need to see more good data'
Fortune· 6 days agoThe policymakers’ forecast for one rate cut was down from a previous forecast of three, because inflation, despite having cooled in the ...
RH tumbles premarket after home furnishings firm posts wider-than-expected Q1 loss By Investing.com
Investing.com· 4 days agoAlthough demand is expected to expand in the coming quarters, the business warned of headwinds to...
Federal Reserve sees some progress on inflation but envisions just one rate cut this year
The Virginian-Pilot· 7 days agoFederal Reserve officials said Wednesday that inflation has fallen further toward their target level...
Fed holds rates steady at 23-year high, projects just one cut this year
Fox Business via Yahoo Finance· 6 days agoFederal Reserve policymakers on Wednesday voted to keep interest rates unchanged again as inflation...
Stock market today: Wall Street climbs on hopes for coming cuts to interest rates
seattlepi.com· 6 days agoFor Wall Street, a slowdown in inflation not only helps U.S. households struggling to keep up with...