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Published 15 days ago

Last minute: Fed announces interest rate decision (May 1st, 2024 Fed decision) - Money Reports

Summary by Habertürk
In line with expectations, the Fed has maintained its policy interest rate, stating that in recent months there has been no progress towards the Fed's 2 per cent inflation target.Federal President Jerome Powell said data released so far this year did not provide the Fed with sufficient confidence to cut interest rates.

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HabertürkHabertürk

Last minute: Fed announces interest rate decision (May 1st, 2024 Fed decision) - Money Reports

In line with expectations, the Fed has maintained its policy interest rate, stating that in recent months there has been no progress towards the Fed's 2 per cent inflation target.Federal President Jerome Powell said data released so far this year did not provide the Fed with sufficient confidence to cut interest rates.

15 days ago·Beyoğlu, Türkiye
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CumhuriyetCumhuriyet

Last Minute... Fed announces interest rate decision!

Last minute developments... At its May meeting, the US Central Bank (Fed) set policy interest at 5.25 per cent to 5.50 per cent within expectations and kept it at its highest level in 23 years.

15 days ago·Istanbul, Türkiye
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