Federal Reserve holds interest rates steady
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The Fed held interest rates steady, and Kevin Warsh signaled a break from tradition in his first FOMC meeting as chair.
Inflation just jumped to its highest point since April 2023. Here's what that may mean for mortgage interest rates.
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has expanded his coverage to include investments, ethics ...
This will be Kevin Warsh's first meeting as Federal Reserve chairman. In his confirmation hearing, Warsh leaned into the possibility of more interest-rate cuts. How will he react when his Fed colleagues appear to be moving away from additional rate cuts due to strong labor-market data and accelerating inflation?
