Pressures lingering from pandemic are keeping Fed rate cuts on pause rep-am.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rep-am.com Daily Mail and Mail on Sunday newspapers.
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation.
Inflation Pressures Lingering From Pandemic Are Keeping Fed Rate Cuts On Pause theyeshivaworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theyeshivaworld.com Daily Mail and Mail on Sunday newspapers.
The brokerage s economists said a pick-up in the rate-cutting cycle would make it easier for other central banks to follow and this would be relevant for emerging markets.