Stalled inflation vexes the Fed. Is it noise or a new trend?
The fundamentals suggest inflation should still be headed down, but the Fed isn’t betting on that.
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The fundamentals suggest inflation should still be headed down, but the Fed isn’t betting on that.
Fed Chair Jerome Powell's remarks over the unlikelihood of more rate hikes eased concerns across global markets, there by lifting sentiment for stocks.
US Fed decision today: US Federal Reserve expected to maintain policy rates and stance. Fed Chair Powell's press conference will be closely watched after the FOMC interest rate decision. Experts divided on rate cut projection for 2024.
US Fed Meeting Outcome today: Analysts expect a status quo in the Fed's benchmark rate, which is hovering at a 23-year high of 5.3 per cent, after three straight higher-than-expected inflation reports
Hong Kong kept its key interest rate unchanged for a sixth consecutive time in lockstep with the Federal Reserve’s overnight decision, with sticky US inflation forcing investors to delay rate cut bets.