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The Fed has now stood on the economy’s sidelines for two consecutive meetings, dating to January, after an unusually busy period of interest rate increases and reductions over the previous three ...
Wall Street’s ever-shifting outlook on the reduction of the Federal Reserve’s balance sheet is once again in flux, with a ...
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though more policymakers forecast fewer cuts.
That would leave the Fed torn between its dual mandates and grappling with a rare one-two punch known as stagflation. For now, the central bank appears to be withholding judgment on which hazard ...