US Federal Reserve Maintains Key Policy Rate, Expects Soft Landing for Economy: Opinion
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#b4a637a9 ver:1.37
The US Federal Reserve maintains key policy rate, expects soft landing for economy. One interest rate cut expected this year, with more cuts in 2025 and 2026. Mixed economic data, but overall economy on path to soft landing. Jefferies predicts no rate cuts before election due to strong job growth and inflation. Economists expect rate cuts in September and December. Fed keeps interest rate unchanged, projects gradual decline in benchmark rate. Inflation remains elevated, but economic growth projections unchanged. Fed holds rates steady, pushes out rate cuts to possibly December. Inflation rate rises to 3.3% in May, below expectations. Cooler-than-expected inflation report opens door for potential rate cuts in September. #FederalReserve #interestrates #economy #inflation #ratecuts...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #Unemployment
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