Inflation is nearly back to 2%. So why isn't the U.S. Federal Reserve ready to cut rates?
Fed policy-makers caution that the economy appears so strong that there’s a real risk that price increases could re-accelerate
Stay updated with breaking news from Eric Swanson. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Fed policy-makers caution that the economy appears so strong that there’s a real risk that price increases could re-accelerate
From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers.
From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers.
From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers.
From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers. The Fed is widely expected to do so this year — probably several times. Inflation, as measured by its preferred gauge, rose in the second half of 2023 at an annual rate of about 2% — the Fed's target level.