@c2h6@lemmy.world to

World News@beehaw.org • 1 year ago

The Fed pauses its rate-hiking campaign, announcing no new increase

5

17

The Fed pauses its rate-hiking campaign, announcing no new increase

@c2h6@lemmy.world to

World News@beehaw.org • 1 year ago

5

The Fed holds rates steady, pausing its rate-hiking campaign | CNN Business

The Federal Reserve said Wednesday it would pause its historic rate-hiking campaign as it waits for the effects to trickle further through the economy, but signaled that additional rate hikes are likely this year.

Chat

finn
link
fedilink
3•1 year ago
Bullish?
- @jimmyjoners@lemmy.world
  link
  fedilink
  1•1 year ago
  They signaled for two more quarter point increases this year apparently - so not really sure what to think.
  - finn
    link
    fedilink
    3•1 year ago
    Hopefully I can afford eggs again one day
    - @xuuA
      link
      4•1 year ago
      The price of eggs has been rapidly collapsing to half what it was in the peak.
      - finn
        link
        fedilink
        1•1 year ago
        That’s good news!

World News@beehaw.org

!news@beehaw.org

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@beehaw.org

Breaking news from around the world.

News that is American but has an international facet may also be posted here.

Guidelines for submissions:

Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
Do not post ragebait or shock stories. These will be removed.
Do not post tabloid or blogspam stories. These will be removed.
Social media should be a source of last resort.

These guidelines will be enforced on a know-it-when-I-see-it basis.

For US News, see the US News community.

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

237 users / day
505 users / week
942 users / month
2.92K users / 6 months
22.1K subscribers
2.93K Posts
16.4K Comments
Modlog