Feds Raise Interest Rates 2024 . Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the fed to cut interest rates in the coming. Federal reserve officials have watched inflation rise faster than expected for three straight months, leading some investors and economists to start whispering.
Federal reserve bank chair jerome powell announces that interest rates will remain unchanged during a news conference at the federal reserves’s william. The federal funds target rate has remained at 5.25% to 5.5% since last summer, following 11 increases that began in march 2022.
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