Coverage dated April 29, 2024 to April 30, 2024

Fed holds interest rates steady at highest level since 2001

Headline from ABC 11 Raleigh, on the newest of 2 developments

The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, postponing highly anticipated rate cuts.

ABC 11 Raleigh's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Wages, employment, inflation are up, causing headaches for the Fed

    Headline from Wyoming Public Media ·

  2. Newest

    Fed holds interest rates steady at highest level since 2001

    Headline from ABC 11 Raleigh ·

Read the reports

Reports & sources

29 articles, oldest first.

  1. Wyoming Public Media

    Wages, employment, inflation are up, causing headaches for the Fed (opens Wyoming Public Media)

    Published

    Wyoming Public Media's feed description

    The Federal Reserve is expected to hold interest rates steady this week — and possibly for months to come — as policymakers try to sort through mixed signals about the U.S. economy.

  2. FOX Business

    Fed expected to keep interest rates higher for longer amid stubborn inflation (opens FOX Business)

    Published

    FOX Business's feed description

    The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.

  3. Insider

    The Fed once again holds interest rates steady — with cuts expected later this year (opens Insider)

    Published

    Insider's feed description

    The Federal Reserve announced interest rates will remain unchanged, staying in line with Powell's remarks that more data is needed before any cuts.

  4. The Guardian

    US Federal Reserve holds interest rates steady as inflation ticks up (opens The Guardian)

    Published

    The Guardian's feed description

    Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%

  5. Honolulu Star-Advertiser

    Fed holds rates steady amid inflation concerns | Honolulu Star-Advertiser (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    WASHINGTON >> The Federal Reserve held interest rates steady today and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings and suggested a possible stall in the movement towards more balance in the economy.

  6. New York Times

    Fed Holds Rates Steady, Noting Lack of Progress on Inflation (opens New York Times)

    Published

    New York Times's feed description

    The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates will stay high for longer.

  7. The Daily Caller

    Fed Keeps Rates Steady As Interest Cut Dreams Slip Away (opens The Daily Caller)

    Published

    The Daily Caller's feed description

    The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate as inflation continues to remain elevated.

  8. New York Post

    Federal Reserve holds rates steady, says inflation progress has stalled (opens New York Post)

    Published

    New York Post's feed description

    Wall Street traders now envision just a single rate cut this year to the Fed’s benchmark rate, now at a 23-year high of 5.3%.

  9. Washington Examiner

    Fed holds interest rates steady as 2024 cut gets more elusive (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    The Fed once again held interest rates steady given higher inflation reports, with investors now not expecting a rate cut until after the November election.

  10. ABC 11 Raleigh

    Fed holds interest rates steady at highest level since 2001 (opens ABC 11 Raleigh)

    Published

    ABC 11 Raleigh's feed description

    The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, postponing highly anticipated rate cuts.

  11. New Hampshire Union Leader

    Fed to hold rates steady as inflation dims hopes for policy easing (opens New Hampshire Union Leader)

    Published

    New Hampshire Union Leader's feed description

    WASHINGTON - U.S. central bank officials will conclude their latest two-day policy meeting on Wednesday with a new statement and comments from Federal Reserve Chair Jerome Powell that could give

  12. CBS News

    Federal Reserve holds rates steady. Here (opens CBS News)

    Published

    CBS News's feed description

    The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.

  13. Wyoming Public Media

    Fed keeps interest rates at 23-year high (opens Wyoming Public Media)

    Published

    Wyoming Public Media's feed description

    The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.

  14. NBC 5 Dallas-Fort Worth

    Fed holds rate steady and moves to ease the pace of balance sheet reduction (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown more...

  15. Breitbart News

    Fed Keeps Rates Unchanged, Noting Progress on Inflation Has Stalled (opens Breitbart News)

    Published

    Breitbart News's feed description

    Federal Reserve officials agreed on Wednesday to hold interest rates steady for the sixth consecutive meeting, signaling that it is willing to keep rates at the highest level in more than two decades for longer than previously expected and noting that progress on bringing down inflation has stalled.

  16. Investopedia

    Fed Holds Interest Rate Steady To Fight Still-Too-High Inflation (opens Investopedia)

    Published

    Investopedia's feed description

    Members of the central bank’s policy committee voted unanimously Wednesday to hold the crucial fed funds rate at its current high level to fight inflation that's still running too hot for comfort.

  17. France 24

    US Fed likely to keep rates steady as hopes of early cuts fade (opens France 24)

    Published

    France 24's feed description

    The US Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday, with a summer start to cuts looking less likely owing to stubborn inflation.

  18. FOX Business

    Fed holds rates steady as inflation casts doubt on future cuts (opens FOX Business)

    Published

    FOX Business's feed description

    Federal Reserve policymakers on Wednesday voted to keep interest rates unchanged as inflationary pressures within the U.S. economy start to increase again.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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