The Fed also offered financial markets some assistance by saying it would slow the pace of how
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
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.
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.
As the Fed's policy-setting committee gathers for a two-day meeting
Hawaii’s seasonally adjusted unemployment rate held steady at 3.1% in March to match the previous month, according to recent data from the state Department of Business, Economic Development and Tourism.
The Hong Kong Monetary Authority followed the Federal Reserve in holding
The Hong Kong Monetary Authority followed the Federal Reserve in holding
The Hong Kong Monetary Authority followed the Federal Reserve in holding