Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously expected, owing to what Chair Jerome Powell called surprisingly persistent inflation and labor-market strength.
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously expected, owing to what Chair Jerome Powell called surprisingly persistent inflation and labor-market strength.
What to Make of New Projections of Big Government Savings thenewamerican.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenewamerican.com Daily Mail and Mail on Sunday newspapers.