The Fed’s official statement was expanded to include the statement that “in recent months, there has been a lack of further progress toward the Committee’s 2 percent inflation objective.” In the press conference,was even more explicit, going so far as to state that “further progress in bringing down is not assured and the path forward is certain.”. At the June meeting, the Fed kept its benchmark federal funds rate unchanged at the range of five percent to 5.
It got the opposite in the first quarter of this year. Inflation came storming back in January and only cooled a bit in February and March. The Fed’s fear that the disinflation of 2023 could prove transitory seemed a very real possibility.Powell said Wednesday that the appropriate policy response is to keep the policy rate where it is and wait for more data.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Breitbart Business Digest: It’s Time for the Fed to Start Talking About HikesSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »
Breitbart Business Digest: There Are No Fed Cuts Ahead This YearSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »
Breitbart Business Digest: Inflation Is Too Hot for the Fed to Cut Despite Sluggish GrowthSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »
Breitbart Business Digest: Biden’s Noncompete Ban Is a Gift to Silicon ValleySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »
Breitbart Business Digest: The Gas-Guzzling Secret of GM’s SuccessSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »
Breitbart Business Digest: Trump Trial Isn’t Distracting Americans from the Ravages of BidenomicsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »