Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The Federal Reserve kept interest rates at current levels and acknowledged that inflation remained stubbornly elevated.
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
The Federal Reserve's typically bland public statement after it votes on U.S. interest rates dropped a line about making progress on lowering inflation. In December, the Fed said, "Inflation has made ...
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