Fed holds rates steady as inflation casts doubt on future cuts
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates will stay high for longer.
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The story so far
2 developments- Apr 30, 2024Wages, employment, inflation are up, causing headaches for the Fed
- May 1, 2024Fed holds rates steady as inflation casts doubt on future cuts
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Quiet for 881 daysLast development · May 1, 2024 — Fed holds rates steady as inflation casts doubt on future cuts
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5 viewpointsThe Fed once again holds interest rates steady — with cuts expected later this year
US Fed Likely To Keep Rates Steady As Hopes Of Early Cuts Fade
Wages, employment, inflation are up, causing headaches for the Fed
Center
5 viewpointsRight
6 viewpointsFed to hold rates steady as inflation dims hopes for policy easing
Federal Reserve holds rates steady, says inflation progress has stalled
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