Charting the Fed s economic data flow By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
The unemployment rate fell unexpectedly to 3.8%, marking the 26th straight month below 4% - the longest such run since the 1960s - and prompting Richmond Fed President Thomas Barkin to remark: "That's a quite-strong jobs report." Rising gasoline and shelter costs contributed the bulk of the CPI increase.
The U.S. Federal Reserve held its
benchmark overnight interest rate steady in the 5.25%-5.50%
range at its March 19-20 policy meeting, and officials continued
to anticipate approving three. -April 05, 2024 at 01:22 pm EDT
- MarketScreener
Explainer-Charting the Fed s Economic Data Flow usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
(Reuters) - The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5.50% range at its March 19-20 policy meeting, and officials continued to anticipate approving three quarter-percentage-point rate cuts by the end o.