Fed Holds Off On New Stimulus -- For Now

WASHINGTON -- Federal Reserve officials shied away from taking new policy action Wednesday but gave a stronger indication that they are likely to launch a new round of stimulus to support the faltering economy and job growth.

Topics:  washington    federal reserve   stimulus   
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  • More
BING SEARCH:
  • Federal Reserve maintains 2024 interest rates for now
    The Federal Reserve kept its key interest rate unchanged at 5.25% to 5.5% and lowered its forecast for rate cuts in 2024 after inflation slowed more than expected. The central bank said it does...
    12/19/2024 - 12:01 am | View Website
  • Live Updates: Fed Holds Rates, Noting ‘Lack of Further Progress’ on ...
    Federal Reserve officials left interest rates unchanged and signaled that they are wary about how stubborn inflation is proving, paving the way for a longer period of high interest rates. The...
    12/18/2024 - 9:23 pm | View Website
  • WATCH: Fed Chair Powell holds news conference following quarter ...
    The Federal Reserve signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. ... Fed Chair Powell holds news ...
    12/18/2024 - 7:21 pm | View Website
  • US Federal Reserve Rate Cut: Powell caution about 'further cuts' sent ...
    Federal Reserve policymakers projected two quarter-point rate cuts next year. The Dow ended more than 1,100 points lower, marking its longest daily streak of losses since 1974.
    12/18/2024 - 5:48 pm | View Website
  • US rate futures price in Fed on hold in January, less than two cuts in ...
    Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Wednesday that the Federal Reserve will hold the overnight benchmark rate steady ...
    12/18/2024 - 3:25 pm | View Website
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