April CPI Report Offers Some Relief: What the Experts Are Saying About Inflation kiplinger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kiplinger.com Daily Mail and Mail on Sunday newspapers.
The Fed hit the pause button again but still sees rates staying higher for longer. The Federal Reserve made the widely expected move of leaving interest rates unchanged when it wrapped up its regularly scheduled two-day policy meeting on Wednesday. If there was any sort of surprise, it was that policymakers expect stronger economic growth to keep interest rates higher for longer through much of next year. There was little doubt that the Federal Open Market Committee (FOMC) would once again pause
After white-hot jobs data pushed markets into the red on Thursday, traders digested a key jobs report from the Labor Department. Follow the latest news here.