Stories Related to Divided Federal Reserve Opts For Hold On Interest Rates

The Federal Reserve expressed growing confidence in the health of the U.S. economy Wednesday but still declined to raise interest rates, declaring that the case for an increase “has strengthened” but that it would wait “for further evidence of continued progress” toward higher growth and faster inflation. The decision suggests the Fed believes the U.S.

Sections:  u.s.   
Topics:  Maine   Cumberland County   Portland   
BING NEWS:
  • Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
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    12/18/2024 - 9:33 am | View Link
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    12/18/2024 - 8:37 am | View Link
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    12/18/2024 - 8:10 am | View Link
  • Today's Interest Rate Cut: How the Federal Reserve Affects Your Wallet
    When the central bank "maestro" increases the federal funds rate, many banks tend to increase their interest rates. This can make the debt we're carrying more expensive (e.g., a 22% credit card APR vs ...
    12/18/2024 - 6:49 am | View Link
  • The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you
    The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses ...
    12/18/2024 - 6:25 am | View Link
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