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Fed Leaves Interest Rates Unchanged, Forecasts Higher Unemployment and Inflation But Weaker Economic Growth
The decision on interest rates was expected, but the economic forecasts are a bit worse than back in March. The Federal Reserve left interest rates unchanged on Wednesday while forecasting higher inflation and lower economic growth for the remainder of 2025.
Fed officials are certainly keeping in mind the challenges that a rebound in inflation and slower economic growth could bring ...
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Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The Federal Open Market Committee now sees inflation staying elevated longer than previously estimated, while the economy is expected to grow more slow ...
Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food ...
The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action this year ...
UK inflation remained at its highest level in over a year, keeping price pressures uncomfortably high as the Bank of England ...
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