Federal Reserve weighs changing interest rates to start 2024
As the Federal Reserve holds its final meeting of 2023, it must weigh whether to start 2024 with higher interest rates to curb inflation.
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As the Federal Reserve holds its final meeting of 2023, it must weigh whether to start 2024 with higher interest rates to curb inflation.
With the central bank poised to keep its key short-term rate unchanged when it meets this week, Powell hasn't yet signaled that the Fed is done with its hikes.
It's the second year for this event that's all about good music and good times
The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth.
A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices, according to government data published Thursday.Energy prices fell by 2.6 percent from a month earlier, while goods prices declined by a more modest 0.3 percent.