Fed Cites Lack of Progress on Inflation, Holds Rates Steady

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Fed holds interest rates at 23-year high, citing 'lack of further progress' on inflationThe Fed is expected to keep interest rates at a 23-year high Wednesday, but investors will be listening for any signs of how long they will have to wait...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Fed Faces ‘Soft Deadline’ for Rate Cuts as Inflation Progress StallsThe bump in the Federal Reserve’s path to lower inflation is looking more like a roadblock, throwing into doubt its plans for interest-rate cuts this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »