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Why Is the Federal Reserve Always Surprised by Inflation?
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Federal Reserve leaves interest rates unchanged as inflation persists
The Federal Reserve will keep its benchmark rate steady, a sign that inflation has not yet come down to the targeted rate. CBS News' Jill Schlesinger and Jo Ling Kent look ahead to what this means for Americans.CBS News - Top stories - Federal Reserve -
US Federal Reserve holds interest rates steady as inflation ticks up
Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%. The Federal Reserve announced on Wednesday that it is holding interest rates steady at 5.25% to 5.5%, their highest level in two decades, ...The Guardian - World - Federal Reserve -
Federal Reserve keeps interest rates at current levels as inflation holds its grip
The Federal Reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall.NBC News - Top stories - Federal Reserve -
Federal Reserve likely to leave interest rates unchanged
The Federal Reserve is not expected to cut interest rates Wednesday as inflation persists. CBS News contributor J.D. Durkin breaks down the data.CBS News - Top stories - Federal Reserve -
Watch Live: Federal Reserve News Conference
Watch as Fed Chair Jerome Powell speaks after the Federal Reserve’s latest policy-setting meetingThe Wall Street Journal - World - Federal Reserve -
Fed chair Powell signals that rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.The New York Times - Business -
What to expect from Federal Reserve's third interest rate decision of 2024
The Federal Reserve is set to announce its third interest rate decision of 2024 on Wednesday. CBS News contributor Javier David, managing editor of business and markets at Axios, discusses what to expect.CBS News - Top stories -
Federal Reserve holds rates steady. Here's the financial impact.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.CBS News - Top stories - Federal Reserve -
FirstFT: Federal Reserve signals that rates will remain higher for longer
Also in today’s newsletter, Chinese groups sanctioned by US for aiding Russia’s military, and the Republican party civil war flares up againFinancial Times - World - Federal Reserve
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