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May 1, 2024: Fed meeting recap: Powell pretty much rules out a hike as the central banks next move.

  • Andrew Belcher
  • May 16, 2024
  • 1 min read

Jerome Powell and the Federal Reserve kept interest rates unchanged at their May meeting and further dampened the talk about the Fed hiking rates. "It is likely that gaining such greater confidence [that inflation is headed back to their 2%

target], will take longer than previously expected".



 
 
 

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