US interest rates held for fifth time in a row
US interest rates
Covered by 5 sources
- Economic Times·5h agoUS Fed chair Kevin Warsh says this after holding rates steady
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee and noted that the committee is focused on understanding the underlying inflation dynamics and shocks.
Read at Economic Times → - Bloomberg Economics·7h agoUS 30-Year Yield Soars to Highest Since ‘07 After Fed Stands Pat
US bond traders lowered their expectations that the Federal Reserve will raise interest rates at its next meeting after officials kept their benchmark steady on Wednesday, while 30-year Treasury yields surged to their highest since 2007.
Read at Bloomberg Economics → - BBC Business·7h agoUS interest rates held for fifth time in a row
The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.
Read at BBC Business → - Times of India Top·7h agoUS Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged
The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchanged.
Read at Times of India Top →