Tag: Federal Reserve statement
Fed Decision: Everything You Need to Know – Wednesday Update
The recent Federal Reserve meeting was all about looking ahead to the future rather than focusing on the present. While it is expected that short-term interest rates will remain unchanged for now, there is...
Keeping Interest Rates High for Prolonged Periods Could Harm Economic Growth
Jerome Powell, the chairman of the US Federal Reserve, expressed his concerns about the potential negative impact of keeping interest rates high for extended periods on economic growth. He highlighted the strength of the...
Federal Reserve Aims to Achieve 2% Inflation Goal Before Cutting Rates
Federal Reserve officials discussed the progress of inflation during their June meeting and concluded that while it is moving in the right direction, more evidence is needed before they consider lowering interest rates. The...
Fed’s Progress on Inflation and Need for Confidence Before Cutting Rates
Federal Reserve Chair Jerome Powell recently addressed the progress made on inflation and the cautious approach needed before considering cutting interest rates. During a central banking forum in Sintra, Portugal, Powell highlighted the advancements...