Coverage dated January 29, 2024 to January 30, 2024
Fed Holds Key Interest Rate Steady, Says More Progress on Inflation Needed To Cut Rates
Headline from Investopedia
The Federal Reserve held its left its benchmark interest rate unchanged Wednesday, as expected, and kept its options open for a possible rate cut in March. While the official statement didn’t commit to either cutting or holding the rate steady, it did abandon the idea of raising it again.
Investopedia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Federal Reserve held its left its benchmark interest rate unchanged Wednesday, as expected, and kept its options open for a possible rate cut in March. While the official statement didn’t commit to either cutting or holding the rate steady, it did abandon the idea of raising it again.
The Federal Reserve is widely expected to leave interest rates unchanged on Wednesday, with investors watching for signals about when it might start lowering rates.
The Federal Reserve is widely expected to hold interest rates steady Wednesday for the fourth consecutive meeting, leaving them at a 23-year high as policymakers likely discuss the timing of rate cuts this year.
The US Federal Reserve is almost certain to hold its key lending rate steady for a fourth consecutive meeting on Wednesday, as inflation inches closer towards its long-term target of two percent.
The Federal Reserve on Wednesday paused its interest-rate hike campaign for the fourth straight time amid growing evidence that high inflation is cooling.
The Federal Reserve will likely move closer Wednesday to cutting its key interest rate after nearly two years of hikes that were intended to fight the worst inflation in decades.
WASHINGTON (AP) — The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates, a sign that its officials have grown
Wall Street is widely expecting the Federal Reserve to hold rates steady at the conclusion of its January monetary policymaking meeting on Wednesday afternoon.
The Federal Reserve faces a key decision this year: When to start cutting interest rates now that inflation is starting to ease? It's a call that could have a significant impact on the economy.
