Prior to this decision, the central bank voted for 10 consecutive rate hikes.
The post Federal Reserve Pauses on Rate Hikes appeared first on Weekly Real Estate News.
Federal Reserve Pauses on Rate Hikes
Housing Wire
Fed pauses rate hikes in June. But how long will it last?
The Federal Reserve (Fed) maintained the federal funds rate in the 5% to 5.25% range on Wednesday, following 10 consecutive hikes that brought rates to a level never seen since 2007. The Federal Open Markets […]
Economy
The next phase of the Fed’s historic inflation fight is waiting for rate cuts
Washington, DCCNN — The Federal Reserve has raised interest rates to their highest level in 22 years in an aggressive bid to curb inflation, and there’s a chance that more rate increases may still be on tap if […]
Economy
US economy still needs ‘multiple’ rate hikes, says top Fed official
New YorkCNN — A senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the central bank could be nearly done raising interest rates. In a pair of speeches on Saturday […]