Politics Apr 03 Powell says the Federal Reserve still sees rate cuts this year; election timing won’t affect decision By Christopher Rugaber, Associated Press
Politics Mar 29 Powell says the Federal Reserve wants to see ‘more good inflation readings’ before it can cut rates Forecasters had expected higher rates to send the United States tumbling into recession. Instead, the economy just kept growing — expanding at an annual rate of 2 percent or more for six straight quarters. By Paul Wiseman, Associated Press
Economy Feb 08 Inflation is nearly back to 2 percent. So why isn’t the Federal Reserve ready to cut rates? Inflation, as measured by its preferred gauge, rose in the second half of 2023 at an annual rate of about 2 percent — the Fed's target level. By Christopher Rugaber, Associated Press
Economy Dec 13 Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year Those envisioned rate cuts — which wouldn't likely begin until the second half of 2024 — suggest that the officials think high borrowing rates will still be needed for much of next year to further slow spending and inflation. By Christopher Rugaber, Associated Press