News list for " said on Friday that the Federal Reserve may"

The Federal Reserve Harmack said Friday that it may be time for the Fed to slow the pace of interest rate cuts. She believes the Fed's policy rate may not be much higher than neutral. Harmack noted that financial marekt expects the Fed to cut rates only once in the next two meetings and said that expectation is in line with her view. She said inflation, economic growth and the labor market remain stronger than the Fed expected in September. Harmack's remarks were the clearest hint in recent Fed ...

2024-12-07 04:43:17