Fed should let interest rates rise to support healthy growth
by The Washington Times
The Washington Times— Federal Reserve policymakers have been obsessed with when they may safely lower interest rates to avoid a recession without impeding the path to 2% inflation.
Gephardt Daily—Fed leaves interest rates unchanged amid inflation rate higher than 2% target. May 1 (UPI) — The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank’s 2% threshold. The Federal reserve’s Federal Open Market Committee said in a statement that the central bank left interest rates for overnight bank borrowing within a range of 5.25%-5.5%. With CPI inflation at 3.5%, the […] The post Fed leaves interest rates unchanged amid inflation rate higher than 2% target first appeared on Gephardt Daily.
MarketWatch—Fed meeting: Dow rises 100 points as stocks hold steady ahead of Fed rate decision. Follow all the latest on the Fed meeting and U.S. market action for Wednesday here.
NPR—Fed keeps interest rates at 23-year high. The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.