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World News@beehaw.org • 1 year ago

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

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

@c2h6@lemmy.world to

World News@beehaw.org • 1 year ago

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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.

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

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