Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate

On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that determination volition beryllium nary alteration to the national funds complaint for the clip being. The committee emphasized its volition not to little the people complaint until determination is “greater assurance that ostentation is moving sustainably” toward the 2% target. Fed Pauses Rate […]