On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greate…
Tag: Federal Reserve
Fed Leaves Rates Unchanged But Still Sees Three Cuts This Year
Fed officials continue to expect three cuts this year while saying they need move evidence inflation is headed lower before they start cutting.
Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady
The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal…
Carney on ‘Kudlow’: Latest Inflation Data Means the Fed Cannot Cut Rates
Breitbart economics editor John Carney said Tuesday on Fox Business Network’s “Kudlow” that the latest inflation numbers meant the Federal Reserve could not potentially ease interest rates.
Another Blow Out: American Economy Created 275,000 Jobs In February
But January’s huge number was revised down from 353,000 to 229,000.
Atlanta Fed’s Bostic Warns Rate Cut Could Reignite Inflation
Raphael Bostic warned on Monday that a premature Fed cut could spark an economic boom that would send inflation higher again.
Carney on Kudlow: Biden Administration ‘Undermining’ Fed Attempt to Bring Down Inflation
Breitbart Economics Editor John Carney said Thursday on Fox Business Network’s “Kudlow” that the Biden administration is undermining the Federal Reserve’s attempts to bring down inflation.
‘Super Core’ Inflation Soared In January, Worst In Nearly Two Years
Super core inflation exploded higher in January.
Breitbart Business Digest: Waller Sees Clear Waters, Steady as She Goes
Fed Governor Christopher Waller argues that there is no reason to fear that we are sailing into a recession, which is the thing that usually prompts rate cuts from the Fed.
Jobless Claims Plunge To 201,000, Creating Further Doubts About Rate Cuts
There’s no sign of cooling in the labor market, putting rate cuts into doubt.