The Fed raises interest rates by only a quarter-point after inflation drops

The gradual decline in both prices and wages is exactly what the Fed has been trying to achieve.

While the price of some goods — like new and used cars — has started to fall, the Fed is concerned that the price of labor-intensive services may continue to climb. That would make it harder to get inflation back down to the central bank's target of 2%. Financial markets are skeptical of that forecast. Many investors are betting that the central bank will soon startinterest rates, despite repeated warnings to the contrary from Fed officials. The expectation of lower borrowing costs is one reason the stock and bond markets have rallied in recent weeks.

Two years ago, Fed policymakers believed that inflation would come down on its own, once pandemic supply problems were resolved. Instead, price hikes proved both larger and longer-lasting than the central bank expected.

We need to occupy wall street again!

Thank trump

They could have done nothing.

Didn't NPR do a piece on inflation, and how even former Fed Chairmen can't explain the causes? This is why I call it 'faux-flation' i.e. price gouging.

It also means middle and low income earners will pay more monthly for mortgage loans

Good news for lower wage earners! The Fed's cautious approach to interest rates means more stability for the economy and hopefully a boost for those on tight budgets inflation interestrates economicstability

They have no idea what they're doing

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold Price Forecast: XAU/USD fades rebound ahead of Federal Reserve Interest Rate DecisionGold price (XAU/USD) struggles to extend the previous day’s recovery beyond $1,930-28 as the market braces for the key Federal Reserve (Fed) verdict o
Source: FXStreetNews - 🏆 14. / 72 Read more »

Federal Reserve raises key interest rate 0.25%, signals more hikes likelyWhile there are some signs inflation is decelerating, officials warn that the Fed isn't likely to back off its rate hikes anytime soon. So why do they keep raising it?!!! 'As if any increase is a good thing. Increases in such interest rate had done nothing for the American people but serve as a tax. The American people to carry thus burden. As its' the American people people who will pay thus increase, since the government is not the people.'
Source: NBCNews - 🏆 10. / 86 Read more »