The Federal Reserve is keeping interest rates unchanged for the first time in 15 months
Headline from The Daily News (Longview)
The Federal Reserve kept its key interest rate unchanged after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month.
The Daily News (Longview)'s own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Federal Reserve kept its key interest rate unchanged after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month.
The gradual but steady decline in overall inflation suggests that the Fed's rate hikes have had some success, although the number is still far above the ideal 2%.
The gradual but steady decline in overall inflation suggests that the Fed's rate hikes have had some success, although the number is still far above the ideal 2%.
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But
The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rate...
