Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead.In prepared remarks earlier this month,...
The Federal Reserve announced it will leave interest rates unchanged Wednesday, setting the stage for rate cuts to come — and paving the way for relief from the combination of higher rates and inflation that have hit consumers particularly hard. Although Fed officials...
The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, after recent reports showed the economy grew at a much more rapid pace than expected and inflation eased.”In many ways, we already have a soft...
The Federal Reserve’s effort to bring down inflation has so far been successful, a rare feat in economic history.The central bank signaled in its latest economic projections that it will cut interest rates in 2024 even with the economy still growing, which would...