Video: U.S. interest rates unchanged but Federal Reserve 'prepared' to raise them

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 92%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

U.S. Federal Reserve chairman Jerome Powell told reporters on Sept. 20 'we decided to leave our policy interest rate unchanged' but added, 'we're prepared to raise rates further if appropriate and we intend to hold policy at a restrictive level until we're confident inflation is moving down sustainably.'

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in LOANS

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.

Federal Reserve leaves interest rates unchanged at 22-year high, signals one more hike in '23The Federal Reserve on Wednesday left the target range for its benchmark interest rate unchanged at a 22-year high.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

U.S. Federal Reserve holds rates but signals likelihood of another hike this yearThe U.S. Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Gold prices holding Wednesday's gains as the Federal Reserve leaves interest rates unchanged(Kitco News) - The gold market is holding its ground and solid gains above $1,950 an ounce as the Federal Reserve leaves interest rates unchanged but signals that it will maintain its tightening stance through the rest of the year.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

U.S. Federal Reserve holds rates, but signals possible hike to comeThe U.S. Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »