Federal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation.
Category: Interest Rates
-
How to Read the Fed’s Projections Like a Pro
The Federal Reserve is expected to leave rates unchanged on Wednesday. But Wall Street is focused on what comes next.
-
How Fed Rates Influence Mortgages, Credit Cards and More
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
-
Housing Costs Cool, but Remain a Source of Concern
Housing costs were up 5.4 percent in May from a year earlier, the smallest increase in more than two years. But monthly progress has slowed.
-
Cooling Inflation Revives Biden’s Hope of Rate Cuts
The chances of at least one pre-election cut appeared to be helped by a new inflation report.
-
CPI Data Will Arrive Just Before the Fed Meets. Will It Be a Game Changer?
Federal Reserve officials are poised to announce their rate decision and economic projections mere hours after the latest inflation release.
-
CPI Data Will Arrive Just Before the Fed Meets. Will It Be a Game Changer?
Federal Reserve officials are poised to announce their rate decision and economic projections mere hours after the latest inflation release.
-
What to Watch as the Fed Meets
Federal Reserve officials are expected to leave interest rates unchanged, and will release fresh estimates of how many cuts could come this year.
-
Fed Is in No Rush to Cut Rates as Economy Holds Up
Federal Reserve officials are expected to leave interest rates unchanged at their meeting this week. They will also release a fresh set of economic projections.
-
European Central Bank Lowers Interest Rates to 3.75%, Its First Cut in Five Years
The European Central Bank’s new interest rate, its first cut in five years.
-
U.S. Adds 272,000 Jobs in May, an Unexpectedly Strong Pace in Hiring
Hiring levels have eased slightly but remain strong. The data for May, due Friday, is expected to show a gain of 190,000.
-
Wage Growth Exceeds Forecasts, Potentially Deterring Fed Rate Cuts
The latest data could add to fears that the labor market remains too hot to bring inflation fully under control.