Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight

Your Order: Subscriber
Subscription Length: 1 year
Recurring: Yes
Content Access: 1 Post, 0 Posts, 0 Pages, 0 Power Brokers

Home Economy

By Deborah Kearns

May 1, 2024

Reading Time: 3 mins read

Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight

The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation and employment cost data.

Please enter your email address to log in to your Premier account or to sign up for our free Daily News.

Deborah Kearns

Deborah Kearns is a freelance editor and writer with more than 15 years of experience covering real estate, mortgages and personal finance topics. Her work has appeared in The New York Times, Forbes Advisor, The Associated Press, MarketWatch, USA Today, MSN and HuffPost, among others. Deborah previously held editorial leadership and writing roles at NerdWallet, Bankrate, LendingTree and RE/MAX World Headquarters.