KQED Nightly Business Report June 22, 2024
Decade but it is not quite there yet. In the minutes from its last meeting, policy makers at the central bank made it clear that they still want to see further gains in the job market and more evidence. Inflation. Just today, the Labor Department said Consumer Prices rose just. 1 in july. So while the fed didnt say a hike is coming in september, it didnt say its not. And there in lies the confusion which played out in the markets midday. So mark your calendars. The next meeting is only a month away. When the fed does hike rates, and it will at some point, it will impact everyone who has a savi...