Fed is still on the right path to 2% inflation: Economist

matching many expectations on Wall Street. Wednesday's FOMC decision is just another story beat in the Fed's narrative around the market to turn over the bulk of its communications relating to Matthew Colangelo.

This dividend stock is near 52-week highs, but still down from all-time highs, with a highly valuable P/E ratio you won't want to miss. The post 1 Magnificent Dividend Stock That’s Down 21% and Trading at a Once-in-a-Decade Valuation appeared first on The Motley Fool Canada.

WASHINGTON — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of roughly 5.3%.

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.

Powell likely 'more optimistic' than Fed colleagues: EconomistAs markets brace for the Federal Reserve's decision on interest rates, Dreyfus and Mellon Chief Economist and Former Fed Economist Vincent Reinhart joins...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Fed rate cut around election would be 'complicated': EconomistWall Street forecasts are pushing back the timeline for the Federal Reserve to cut interest rates in 2024, if at all. Citi experts are still standing firm on...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Citi sees chance of Fed rate cut in June or July: EconomistThe Federal Reserve's case on whether or not to cut interest rates in 2024 is still not settled, leading many Wall Street analysts to adjust their forecasts ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »