By CHRISTOPHER RUGABER (AP Economics Writer) WASHINGTON (AP) — Don’t call it a “pause.” When the Federal Reserve meets next week, it is widely expected to leave interest rates alone — after 10 straight meetings in which it has jacked up its key rate to fight inflation. But what might otherwise be seen as a “pause” will likely be characterized instead as a “skip.” The difference?
Is It A “skip” Or A “pause”? Federal Reserve Won’t Likely Raise Rates Next Week But Maybe Next Month.
Christopher S. Rugaber, Denver Post: Business
Wed, 06/07/2023 - 8:22am
Topics: christopher rugaber ap economics writer washington ap don t skip the chair jerome powell that s matthew luzzetti u.s deutsche bank securities credit auto several fed this maybe austan goolsbee federal reserve bank chicago we loretta mester cleveland fed times given philip jefferson president joe biden the fed s a a a fed federal reserve the powell march fed s the fed may i fed a july won week month hikes higher high meeting committee report support key hike hiring doves decision group debt prices recession growth interest borrowing dovish decide deep hiking coming meets consumers projections spending slow compelling economy full
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