US Federal Reserve Keeps Interest Rates at 23-Year High Amid Uncertain Economic Outlook
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#2140b79c ver:1.0
The US Federal Reserve keeps interest rates at a 23-year high of 5.25% to 5.50% to combat inflation, citing an uncertain economic outlook. The decision reflects a shift from previous projections, with only one rate cut expected in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed remains cautious, expressing optimism that inflation will decrease over the year. Moody's suggests an interest rate cut in June is unlikely due to stubborn inflation. #FederalReserve #InterestRates #Inflation #EconomicOutlook...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #TreasurySecurities #MortgagebackedBonds #UsEconomy #UnemploymentRate #ConsumerSpending #JeromePowell'sSpeech
https://here.news/story/2140b79c?ver=1.0
Confounding US economic, inflation data muddy Fed’s rate path /
npub1fm…rv2yu
2024-05-02 05:04:25
Author Public Key
npub1fmeps9g4dyt6rdp5enzursx56d5uf8zxvr5x8w0mn2jy3l9cgftq9rv2yuPublished at
2024-05-02 05:04:25Event JSON
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"content": "US Federal Reserve Keeps Interest Rates at 23-Year High Amid Uncertain Economic Outlook\n===============\t\n#2140b79c ver:1.0\n\nThe US Federal Reserve keeps interest rates at a 23-year high of 5.25% to 5.50% to combat inflation, citing an uncertain economic outlook. The decision reflects a shift from previous projections, with only one rate cut expected in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed remains cautious, expressing optimism that inflation will decrease over the year. Moody's suggests an interest rate cut in June is unlikely due to stubborn inflation. #FederalReserve #InterestRates #Inflation #EconomicOutlook...\n\n#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #TreasurySecurities #MortgagebackedBonds #UsEconomy #UnemploymentRate #ConsumerSpending #JeromePowell'sSpeech \n\n https://here.news/story/2140b79c?ver=1.0",
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