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Federal Reserve pauses but projects two more rate hikes this year
Beltway Confidential

Federal Reserve pauses but projects two more rate hikes this year

Tiana Lowe Doescher -
0
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022, in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
News

Fed pauses interest rate hikes after a year, but signals more tightening to come

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, May 3, 2023, following the Federal Open Market Committee meeting.
News

WATCH LIVE: Jerome Powell holds press briefing on Fed interest rate decision

Brady Knox -
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WATCH LIVE: White House holds press briefing ahead of Fed interest rate decision
News

WATCH LIVE: White House holds press briefing ahead of Fed interest rate decision

Brady Knox -
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In this June 17, 2014 photo, a stocker rolls product to restock at a Kroger grocery store in Richardson, Texas. The Commerce Department releases wholesale trade inventories for June on Friday, Aug. 8, 2014. (AP Photo/LM Otero)
News

Inflation fell to 1.1% in May in producer price index

Zach Halaschak -
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India’s Prime Minister Narendra Modi and President Biden, June 2023.
Business

Mortgage rates spike amid debt ceiling drama and inflation

Emma Loop -
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A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023.
News

Inflation rose to 4.4% in April, according to key gauge watched by Fed

Zach Halaschak -
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FILE - This May 14, 2014 file photo shows a new home for sale in the Winthrop subdivision in Riverview, Fla. The Commerce Department on new home sales in July on Monday, Aug. 25, 2014. (AP Photo/Chris O'Meara, File)
Economy

New home sales rise for second month in a row in sign of hope for market

Zach Halaschak -
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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022, in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
News

Fed officials hint that rate hikes might not be over

Zach Halaschak -
0
John Williams, president of the Federal Reserve Bank of San Francisco, is interviewed by The Associated Press in Washington, Friday, Oct. 30, 2015. Williams cautioned that the Fed has yet to decide when to raise interest rates even though it issued a statement this week that said a rate hike was possible in December.
News

Very low interest rates may return, Fed analysis finds, with major ramifications

Zach Halaschak -
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