The Federal Reserve has decided to maintain its benchmark interest rate steady at 5.25% to 5.5%, marking the sixth consecutive meeting without a change, and keeping interest rates at a 23-year high. This decision comes as high inflation persists, with the Fed indicating that rates will remain on hold until inflation further cools and shows significant progress towards the Fed's 2% target. Fed Chair Jerome Powell highlighted the ongoing challenges in managing inflation and indicated that the Fed would need more evidence of inflation cooling before considering rate cuts. Additionally, the Fed announced a reduction in the pace of its balance sheet runoff, lowering the monthly cap on Treasury securities from $60 billion to $25 billion starting in June.
“Inflation is still too high, further progress in bringing it down is not assured, and the path forward is uncertain,” Fed Chair Jerome Powell Source: WSJ https://t.co/NJMcGcO0B5
"The Federal Reserve again said it would keep interest rates unchanged, noting a 'lack of further progress' to lowering inflation. The decision left the key rate hovering at the highest level in more than two decades, in the range of 5.25%-5.5%." https://t.co/T0SyRUORka
Fed keeps rates steady as interest cut dreams slip away https://t.co/GuZorFEnh6
FEDERAL RESERVE HOLDS INTEREST RATES STEADY The Federal Reserve maintained its benchmark rate at 5.25-5.50%, citing stalled progress on inflation reduction. Bitcoin’s price saw a slight increase but remains generally down. Source: CoinDesk https://t.co/FxPmpJX1QG
Fed holds interest rates steady at highest level since 2001 https://t.co/WInCPlV06U
#US Federal Reserve has kept the key interest rate unchanged at 5.25 to 5.50 per cent for the sixth straight time, in line with market estimates; US Fed said, it does not expect to lower rates until it has greater confidence that inflation is moving sustainably towards its…
The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up. #XinhuaNews https://t.co/OxgpivrOu9
Federal Reserve Says Interest Rates Will Stay at Two-decade High Until Inflation Further Cools https://t.co/CbMO4masR9
The Federal Reserve left #InterestRates unchanged at their highest levels in 23 years as monetary policymakers have observed “a lack of further progress” toward the central bank’s 2 percent inflation target. https://t.co/L0WdC7r2nh
WATCH: 'Inflation is still too high,' Fed Chair Jerome Powell said in a press conference after the Federal Reserve kept interest rates unchanged https://t.co/F4ajh1VVo8 https://t.co/5QXOVCDlJK
The Fed said that starting on June 1 it will reduce the cap on Treasury securities it allows to mature and not be replaced to $25 billion from its current cap of up to $60 billion per month. The Fed left the cap on how many mortgage-backed securities it will allow to roll off its…
The Fed is set to slow pace of Balance-Sheet Runoff starting in June Here’s how much progress they have made in the past 2 years… https://t.co/6sqLKYCUZH
The US Federal Reserve held interest rates steady and signaled it is still leaning towards eventual reductions in borrowing costs despite recent disappointing inflation readings https://t.co/3ViyvoD6A5 https://t.co/jGvLpnGLFn
Federal Reserve holds interest rates steady at 23-year high The Fed cited a lack of progress on inflation as the reasoning for leaving rates unchanged Read more ⬇️ https://t.co/5hopT3F3lB
Fed holds interest rates steady as 2024 cut gets more elusive https://t.co/AlulQGM6m1 https://t.co/AlulQGM6m1
The Fed held rates steady and will slow its balance-sheet runoff starting in June https://t.co/BjOXphPjsU
Fed keeps rates steady as it notes ‘lack of further progress’ on inflation. “The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%”. /via @CNBCi https://t.co/WY9vuYacuz
The Federal Reserve announced Wednesday it will keep interest rates at a 23-year high. https://t.co/GvjDdCcsgV https://t.co/6EZOrbSAgS
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2 percent target. https://t.co/NbI1kKnMV5
Fed chair Jerome Powell on Wednesday reconfirmed a decision to keep interest rates at a two-decade high, citing "lack of further progress" cooling inflation. https://t.co/24IZzXNhFa
The Fed once again holds interest rates steady — with cuts expected later this year https://t.co/Nlk0ipg6b5
The US central bank, known as the Fed, has again kept interest rates high - at 5.25% to 5.5% Read more 👇 https://t.co/CbVcJgxXC7
It will probably take longer than previously expected for the Fed to gain enough confidence about the inflation trajectory to start cutting interest rates, Chair Jerome Powell said https://t.co/WN2gIHlEMw
Fed holds interest rates at 23-year high, citing 'lack of further progress' on inflation https://t.co/OFdJILlzcO by @Jenniferisms
FED'S POWELL ENDS PRESS CONFERENCE
#FederalReserve Chairman Jerome Powell announced on Wednesday the board decided to hold interest rates at between 5.25% to 5.5% as a means toward bringing #inflation down to a 2% rate. https://t.co/6z8EU7Yger https://t.co/cTZJqlt6MC
FED'S POWELL: IT WOULD HAVE TO BE A BROADER THING THAT WOULD SUGGEST IT WOULD BE APPROPRIATE TO CONSIDER CUTTING RATES.
FED'S POWELL: IT IS POSSIBLE THE LABOR CAN STAY STRONG WITH LOWER INFLATION.
#Fed to slow pace of balance-sheet runoff starting in June. Central bank to lower Treasuries runoff cap to $25bn, from $60bn. Reduction was larger than market observers had expected. https://t.co/a6X7PMadkT https://t.co/LQ1HTUb6IN
Fed announces reduction in balance sheet runoff pace https://t.co/Y7CcLrLXiW https://t.co/HiwMYrYFMa
FED'S POWELL: WE ARE AT PEACE THAT WE WILL DO WHAT WE THINK IS RIGHT WHEN WE THINK IT IS RIGHT.
The Federal Reserve held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown more difficult lately. https://t.co/4vSZHWe6ID
"It is likely that gaining such greater confidence will take longer than previously expected,” Fed Chair Powell said Wednesday. https://t.co/HmAfhIjEr8 https://t.co/JLJWkCLgMM
Federal Reserve officials left interest rates unchanged and signaled wariness about the recent pace of inflation, a hint that they may keep borrowing costs high for longer. https://t.co/kSyQnTMFcN
FED'S POWELL: I DON'T KNOW IF INFLATION WILL FALL ENOUGH, OR WON'T FALL ENOUGH, TO MERIT RATE CUTS.
POWELL: WILL TAKE US LONGER TO GET OURSELVES SUFFICIENTLY CONFIDENT TO CHANGE POLICY RATE
FED'S POWELL: THERE ARE PATHS TO NOT CUTTING, AND PATHS TO CUTTING, IT WILL DEPEND ON THE DATA.
WATCH: @FederalReserve Chair Powell News Conference https://t.co/nutodNEZ1s #FOMC
The Fed has kept the federal funds rate steady at 5.25% to 5.5%, aligning with market expectations. As for inflation: there's an acknowledgment of insufficient progress towards the 2% inflation goal, highlighting ongoing inflation concerns. 📷: https://t.co/L2ThIPKm9d https://t.co/vaeXR82GZo
🚨POWELL: WHETHER RATES AT PEAK WILL DEPEND ON DATA https://t.co/Z4doINKq4n
"Inflation is still too high. Further progress in bringing it down is not assured, and the path forward is uncertain," Fed Chair Powell said Wednesday. https://t.co/HmAfhIjEr8 https://t.co/uJkTrWtkaX
FED'S POWELL: WE WILL PROBABLY HAVE TO SEE WAGE GROWTH EASE TO MORE SUSTAINABLE LEVELS TO REACH INFLATION GOAL.
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. https://t.co/Vpnk3aQbck https://t.co/OzI0So51Ro
POWELL: WE WILL PROBABLY HAVE TO SEE WAGE GROWTH EASE TO MORE SUSTAINABLE LEVELS TO REACH INFLATION GOAL
“The FOMC decided to leave our policy interest rate unchanged and to continue to reduce our securities holdings at a slower pace,” Fed Chair Powell says. “Inflation has shown a lack of further progress toward our 2% objective, and we remain highly attentive to inflation risks.” https://t.co/BZjE7sBKfu
POWELL: WOULDN'T RULE OUT THAT WE COULD STILL HAVE STRONG GROWTH OR LABOR MARKETAND INFLATION CONTINUE TO FALL
Fed Keeps Interest Rates Steady, Announces Slower-Than-Expected Pace Of Balance Sheet Runoff (UPDATED) Fed holds benchmark rate steady, indicating there has been a lack of further progress in pushing inflation toward 2% target. The Fed will slow Treasury securities reduction… https://t.co/z7aGA5NCUI
POWELL: INCOMING INFLATION DATA WILL BE AT THE VERY HEART OF THAT DECISION POWELL: NOT OBVIOUS CONNECTION BETWEEN EASING IN FINANCIAL CONDITIONS AND INFLATION
POWELL: THAT WOULD BE IF WE GAIN GREATER CONFIDENCE AND UNEXPECTED WEAKENING IN LABOR MARKET POWELL: DATA WILL HAVE TO ANSER QUESTION OF IF THIS IS PEAK RATE POWELL: TO REDUCE RATES WANT TO BE CONFIDENT INFLATION IS MOVING DOWN
⚠️ FED ANNOUNCES REDUCTION IN BALANCE SHEET RUNOFF PACE Full Story → https://t.co/qNP8h51X3x The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet drawdown, after having spent much of the earlier part of the year warning of this shift. https://t.co/tAVE0lPjUx
POWELL: IF INFLATION PROVES MORE PERSISTENT AND LABOR MARKET REMAINS STRONG, THEN IT COULD BE APPROPRIATE TO HOLD OFF ON RATE CUTS
POWELL: WE THINK POLICY IS WELL POSITIONED TO ADDRESS DIFFERENT PATHS ECONOMY MIGHT TAKE POWELL: NEED TO SEE DATA THAT POLICY NOT RESTRICTIVE TO HIKE POWELL: POLICY IS WELL POSITIONED TO ADDRESS DIFFERENT PATHS
US Federal Reserve holds interest rates steady as inflation ticks up https://t.co/bQxXKch2Vc
POWELL: AN UNEXPECTED WEAKENING IN LABOR MARKET COULD SPUR RATE CUTS
FED'S POWELL: BUT THERE ARE OTHER PATHS WHICH WOULD POINT TO RATE CUTS, BUT THAT WOULD BE IF WE GAIN GREATER CONFIDENCE AND UNEXPECTED WEAKENING IN LABOR MARKET.
FED'S POWELL: IF INFLATION PROVES MORE PERSISTENT AND LABOR MARKET REMAINS STRONG, THEN IT COULD BE APPROPRIATE TO HOLD OFF ON RATE CUTS.
Fed says rates on hold at two-decade high until inflation further cools https://t.co/rYCMm8S2Lb https://t.co/bHeKMVxZI8
FED'S POWELL: WE THINK POLICY IS WELL POSITIONED TO ADDRESS DIFFERENT PATHS ECONOMY MIGHT TAKE.
The Federal Reserve on Wednesday said it doesn't plan to cut interest rates until it has "greater confidence" that price increases are slowing sustainably to it's 2% target. https://t.co/0e3wCPWyEe
FED'S POWELL: TO HIKE RATES, WE'D HAVE TO SEE EVIDENCE THAT POLICY ISN'T SUFFICIENT TO BRING INFLATION BACK DOWN TO OUR GOAL.
POWELL: TO HIKE WE'D NEED TO SEE EVIDENCE POLICY IS NOT SUFFICIENTLY RESTRICTIVE - THAT'S NOT WHAT WE SEE
*POWELL: OVER TIME, POLICY WILL BE SUFFICIENTLY RESTRICTIVE No rate hikes
US Fed Meeting Today LIVE: Federal Reserve keeps rates unchanged, cites 'lack of further progress' on inflation https://t.co/wnJFD04Dd8
NEW Federal Reserve has kept on hold… Chair Jerome Powell: “It is likely that gaining confidence [that inflation has fallen enough to cut rates] will take longer than previously expected”… US rate cut expectations being pushed out to year end.
FED'S POWELL: FURTHER PROGRESS ON INFLATION NOT ASSURED; PATH UNCERTAIN FED'S POWELL: RESTRICTIVE STANCE HAS PUT DOWNWARD PRESSURE IN INFLATION, ECONOMY POWELL: RISKS TO ACHIEVING DUAL GOALS HAVE MOVED INTO BETTER BALANCE OVER PAST YEAR
POWELL: GAINING CONFIDENCE TO CUT WILL TAKE LONGER THAN THOUGHT
BREAKING NEWS THE FEDERAL RESERVE SAID IT WILL SHRINK ITS BALANCE SHEET AT A SLOWER PLACE BEGINNING IN JUNE The buyer of last resort is starting to get spooked.
The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown more difficult lately. https://t.co/HmAfhIjEr8 https://t.co/WVQAq5CvLQ
FED'S POWELL: MONETARY POLICY ACTIONS GUIDED BY DUAL MANDATE.
Breaking from the Fed: "reducing the monthly redemption cap on Treasury securities from $60 billion to $25 billion." This is dovish and liquidity positive
FED'S POWELL: NOMINAL WAGE GROWTH HAS EASED OVER PAST YEAR, BUT THE LABOR DEMAND STILL EXCEEDS SUPPLY.
FED'S POWELL: THE LABOR MARKET REMAINS RELATIVELY TIGHT.
BREAKING NEWS: The Federal Reserve has revealed persistent high inflation recently. The authority doesn't intend to slash interest rates until it ensures price hikes are steadily declining towards its 2% goal. https://t.co/8guskY8xJC
LIVE: Federal Reserve Chair Jerome Powell speaks after Fed keeps interest rates steady https://t.co/xbcoiRd2Y4
🔴 FED'S POWELL: RISKS TO ACHIEVING THE DUAL GOALS HAVE MOVED INTO BETTER BALANCE OVER THE PAST YEAR.
FED'S POWELL BEGINS PRESS CONFERENCE
🔴 FED LIVE PRESS CONF. https://t.co/9psziWMfmP
Fed holds rates steady, hints rate cuts on hold until year-end https://t.co/3E8a8JuznX
The FED easing has begun. " Beginning in June, the Committee will slow the pace of the decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $60 Billion to $25 billion. " https://t.co/5vY53GCHGW
Fed Chairman Jerome Powell speaks after fed holds rates the same https://t.co/jFYxBu8kHu
The Federal Reserve said it will shrink its balance sheet at a slower place beginning in June https://t.co/7nnz3GlyKo
Fed officials vote to hold interest rates steady at 23-year-high - here's what it means for YOUR wallet https://t.co/Tcuw2UCOaT https://t.co/0RG142LE3b
#BREAKING: The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up, and the labor market remains strong, likely pushing potential rate cuts even later into the year. https://t.co/FbvZwrGqbs
Federal Reserve says interest rates will stay at two-decade high until inflation further cools https://t.co/vkGLfU02Uj
Fed holds rates steady … upper bound at 5.5% https://t.co/bKW7UFJBYs
⚠️ INSTANT VIEW: FOMC HOLDS RATES IN PLACE AND WILL SLOW BALANCE SHEET DRAWDOWN Full Story → https://t.co/c3ZR4XMYeB The Federal Reserve on Wednesday said it would leave interest rates unchanged and announced plans to slow the speed of its balance sheet drawdown, after having… https://t.co/ams0BzrDB6
The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25% to 5.5% as it continues a battle with recent rising inflation. https://t.co/aAKEtUs0Jf
The Federal Reserve said it will shrink its balance sheet at a slower place beginning in June https://t.co/8v3ZAp9JSl via @economics
Watch live: Federal Reserve chair Jerome Powell speaks after bank holds interest rates steady https://t.co/mN3IJnZTDX
JUST IN: Fed holds interest rates steady as 2024 cut gets more elusive https://t.co/GIyueklE1z https://t.co/GIyueklE1z
The Federal Reserve on Wednesday said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2 percent target. https://t.co/zmJbhZ9fyf
LIVE: Chair Jerome Powell speaks after Fed holds rates steady, flags 'lack of further progress' on inflation https://t.co/QoME7duE6k
Fed to slow pace of balance sheet run-off: "Beginning in June, the Committee will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $60 billion to $25 billion"
FEd to slow pace of balance sheet run-off "Beginning in June, the Committee will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $60 billion to $25 billion" https://t.co/A1mwqaKJZb
Federal Reserve left interest rates unchanged, signaling fresh concerns about inflation as it reaffirmed it needs more evidence that price gains are cooling before cutting from a two-decade high. @mckonomy reports https://t.co/hHoZGyiOzh https://t.co/Na7CRawBXn
The Federal Reserve leaves its key interest rate unchanged at the highest level in more than a decade — as annual inflation rates continue to stall. https://t.co/ITBR958eU4
FOMC Statement: March: "The Committee judges that the risks to achieving its employment & inflation goals are moving into better balance" May: "The Committee judges that the risks to achieving its employment & inflation goals have moved toward better balance over the past year" https://t.co/UE0PmHRTGv
JUST IN: 🇺🇸 Federal Reserve HOLDS rates at 5.25% - 5.50% https://t.co/HxXEc6aNDg
The Fed is tapering QT by MORE than the $30BN consensus estimate, instead will taper QT by $35BN, meaning monthly redemption cap on TSY goes down from $60BN to $25BN This means $105BN LESS gross issuance needed in Q3 TL/DR: Fed just tipped its hand: yields are too high
BREAKING 🚨 The Fed has left rates unchanged at 5.25% - 5.50% It's the sixth straight meeting they've held rates steady They did note a "lack of further inflation progress" in recent months The first cut is now expected around November
#FOMC reduces monthly QT in Treasurys from current $60B to $25B. Wow, much bigger slowing than I had anticipated! @federalreserve must be really afraid of a repeat of Sept 2019 money market crisis #Powell
Fed holds rates steady for the sixth straight time: Recent economic data hasn’t given policymakers confidence that inflation will continue to decline https://t.co/WKCX5WJZnl
'In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective.' #FOMC
Fed holds interest rates at 23-year high for the sixth time in a row as hotter-than-expected inflation continues to push back the timing of a rate cut. https://t.co/sx9AwbR5cb
Breaking: The Federal Reserve acknowledged recent inflation setbacks and held rates steady, extending a wait-and-see posture that could last well into the year https://t.co/kGaDyHo1CL https://t.co/kGaDyHo1CL
BREAKING: The Federal Reserve decided to hold its benchmark interest rate steady, postponing highly anticipated rate cuts as elevated inflation continues to burden U.S. households. https://t.co/yCWHABf4sF
FEDERAL RESERVE LEAVES KEY OVERNIGHT INTEREST RATE UNCHANGED IN 5.25-5.50% RANGE, SAYS RECENTLY THERE HAS BEEN LACK OF FURTHER PROGRESS TOWARD 2% INFLATION TARGET
When Will Interest Rates Go Down? Fed Holds Rates At 23-Year High Yet Again https://t.co/ZatRE9vgYY https://t.co/99rT37LBJI
BREAKING: Fed holds rate steady and moves to ease the pace of balance sheet reduction https://t.co/5Q87FVrnHA https://t.co/FmAZQgSXo3
JUST IN: Fed holds, keeps rates at 5.25% - 5.50%. https://t.co/qbMVZiZVV0
#FederalReserve: The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that #inflation is moving sustainably toward 2 percent. https://t.co/D8MnQLqZBH
Dovish surprise for QT - the cap is down from $60b to $25b. I believe the expectations was $30b. Treasury didn't cut coupon sizes, so Fed in effect did it for them. https://t.co/DxrJgH5KfT
BREAKING: Jerome Powell gives his remarks after FOMC meeting https://t.co/yRu7Tu1Vu5
BREAKING: US Federal Reserve keeps interest rates at 23-year high READ: https://t.co/azmVs4f2ls https://t.co/FRXhXUWRkE
The Federal Reserve holds rates steady in the range of 5.25% to 5.5%, with officials noting that there has been a lack of progress on inflation dropping and that they will need to gain confidence before they can begin cutting rates. @Jenniferisms reports: https://t.co/FpR2ULsU8u
Fed officials vote to hold interest rates steady at 23-year-high https://t.co/4pywZDZaIQ https://t.co/E6hhXOcf2M
SUMMARY OF FED DECISION (5/1/24): 1. Fed leaves rates unchanged for 6th straight meeting 2. Rate cuts not appropriate until greater confidence inflation is heading to 2% 3. Fed notes "lack of further progress" toward 2% inflation goal 4. Fed to slow pace of balance sheet…
The Federal Reserve held interest rates steady at their highest level in two decades and acknowledged recent inflation setbacks, extending a wait-and-see posture that could last well into the year if the economy doesn’t weaken. https://t.co/OXetbyfoSV
NEWS: The Fed kept interest rates at a 23-year high of 5.25-5.5% for the sixth consecutive meeting, delaying rate cuts as inflation stays hot. Read more: https://t.co/lwbP2cmVS8
FOMC Press Conference at 2:30pm ET https://t.co/E6fyLG0JNF
"Live: Fed keeps interest rates unchanged, gives no sign it will cut soon amid inflation." (via @USATODAYmoney) https://t.co/7RZJT5d9Ph
Fed announces QT is going from $60b per month is Treasury security roll-off to $25b per month beginning in June.
Fed holds interest rates at 23-year high, citing 'lack of further progress' on inflation https://t.co/5O7ah4NyrA
WASHINGTON (AP) — Federal Reserve signals interest rates will stay at two-decade high until inflation further cools.
JUST IN: Fed holds rate steady and moves to ease the pace of balance sheet reduction - CNBC
🔴 FED: RISKS TO ACHIEVING EMPLOYMENT AND INFLATION GOALS 'HAVE MOVED TOWARD BETTER BALANCE OVER THE PAST YEAR,' AS OPPOSED TO 'ARE MOVING INTO BETTER BALANCE' IN THE MARCH POLICY STATEMENT.
US Fed Meeting Today LIVE: All eyes on Fed Chair Jerome Powell; to address press conference shortly https://t.co/wnJFD04Dd8
🇺🇸 #FED HOLDS BENCHMARK RATE IN 5.25%-5.5% TARGET RANGE - BBG *FED CUTS TREASURY RUNOFF CAP TO $25B, KEEPS MBS CAP AT $35B *FED TO SLOW PACE OF BALANCE-SHEET RUNOFF STARTING IN JUNE
THE FED WILL SLOW THE DECLINE OF BALANCE SHEET BY CUTTING TREASURY REDEMPTION CAP TO $25 BLN PER MONTH FROM $60 BLN STARTING JUNE THE 1ST.
🚨NO CHANGE AT FED Rates held at 5.25-5.5 In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. In considering any adjustments to the target range for the federal funds rate, the Committee will… https://t.co/KZNLzUzTak
#BREAKING US Fed keeps interest rates at 23-year high https://t.co/V5dzSR6v4o
*FED HOLDS BENCHMARK RATE IN 5.25%-5.5% TARGET RANGE *FED: LACK OF FURTHER PROGRESS TOWARD 2% GOAL IN RECENT MONTHS
FED: LACK OF FURTHER PROGRESS TOWARD 2% GOAL IN RECENT MONTHS
🇺🇸 FEDERAL RESERVE LEAVES KEY OVERNIGHT INTEREST RATE UNCHANGED IN 5.25-5.50% RANGE, SAYS RECENTLY THERE HAS BEEN LACK OF FURTHER PROGRESS TOWARD 2% INFLATION TARGET https://t.co/DHtK7RnkQ1
FED TO SLOW PACE OF BALANCE-SHEET RUNOFF STARTING IN JUNE
QT TAPERING BEGINS: *FED CUTS TREASURY RUNOFF CAP TO $25B, KEEPS MBS CAP AT $35B
BREAKING: 🇺🇸 Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50%.
FOMC Keeps Rates On Hold In Range Of 5.25% - 5.50%; As Expected
The Fed marked to market its policy statement to acknowledge recent inflation setbacks, but didn't change the guidance section In June, the Treasury redemption cap will fall to $25 billion from $60 billion https://t.co/rixlOtNVD0
The Fed is poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation. Watch Bloomberg TV's special coverage of the Fed decision here ➡️ https://t.co/T2w8Ii8WPi https://t.co/2PLE1csf7Q
WATCH LIVE: FOMC Press Conference May 1, 2024 https://t.co/SfW8GPh2ZR
LIVE: Fed officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation. Bookmark our free live blog for latest updates and market reaction: https://t.co/AY45fQfKqH
Fed officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation. Follow our free live blog for the latest updates: https://t.co/JXf18foecn
Fed expected to hold interests rates steady at highest level since 2001 https://t.co/xn9IPNlGjm https://t.co/xSRzHjkWM5
The Fed is poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation https://t.co/39u1WIEDny via @economics @SteveMatthews12 @boes_ @KateDavidson
The Fed is poised to keep rates steady and signal higher-for-longer stance https://t.co/qljz9a7AsD
US Fed likely to keep rates steady as hopes of early cuts fade https://t.co/4GuMwMeN93
Fed to hold rates steady as inflation dims hopes for policy easing https://t.co/D55jUWe3Gb https://t.co/KLVtWjQ2pS