Read more at CNBC.
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
Date: | |
Tag: | Federal Reserve |
Sort by
Filter
Date
-
Financial Times - World
Fed officials wanted ‘greater confidence’ that US inflation was cooling
Minutes of June meeting showed some officials were concerned about effect of high rates on job marketFederal Reserve -
NBC News - Top stories
Fed says inflation is moving in the right direction
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.Federal Reserve -
MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
CNBC - Business
Bitcoin slides to two-month low as Fed signals it's not ready to cut rates yet
Bitcoin on Thursday fell below the $57,000 mark for the first time since May 1, according to data from crypto ranking site CoinGecko. -
The Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal Reserve -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal Reserve -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
The Wall Street Journal - World
Turkish Inflation Moves Past Peak as High Rates Begin to Pay Off
Turkish consumer inflation looks to have begun a strong downward slide, says Bartosz Sawicki, market analyst at fintech Conotoxia.Turkey -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack.
More from CNBC
-
CNBC - Business
Biden defends mental health, vows to stay in race as House Democrats set weekend meeting
President Joe Biden spoke with ABC News anchor George Stephanopoulos during a campaign trip to Madison, Wisconsin.Joe Biden -
CNBC - Business
Tesla shares wipe out loss for the year with 27% rally this week
After a dismal start to 2024, Tesla's stock has rallied sharply of late, including a 27% gain this week, to wipe out its loss for the year. -
CNBC - Business
Iran elects reformist Masoud Pezeshkian in presidential runoff vote
The 69-year-old former minister will serve for four years as the head of government for the Islamic Republic, and faces no shortage of challenges.Iran -
CNBC - Business
Here's where the jobs are for June — in one chart
Health care and government were two key areas of job growth, while employment in manufacturing shrank. -
CNBC - Business
Britain's Labour pulled off a thumping election victory with just 34% of the national vote
Unlike in other voting systems, there are no second rounds or ranking of first- and second-choice candidates.