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US Federal Reserve holds rates again over ‘elevated’ inflation
Credit: IndiaTimes- Published on March 20, 2024
The US Federal Reserve opted to keep interest rates unchanged on Wednesday. However, policymakers signaled a plan to gradually decrease rates by three-quarters of a percentage point by the end of 2024. The central bank acknowledged slower progress towards achieving its 2% inflation goal. In its latest update, the Fed highlighted...
Video credit: Rumble
Published on March 20, 2024 - 01:35
'You Need To Check Yourself': Fed Chair Warns Not To Dismiss Recent High Inflation Reports
Jerome Powell, chair of the Federal Reserve, warned reporters on Wednesday not to dismiss recent high inflation data when looking at how the economy is running, according to remarks made during a Federal Open Market Committee (FOMC) press conference.
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