Leaves the door open to further rate hikes if inflation pressures should accelerate in the months ahead
Economists estimate that sharp losses in the stock and bond markets will have a depressive effect on the economy
Katie Klingensmith of Brandywine Global Investment Management says given the current real rates, there are fixed-income opportunities that have not existed in a generation or two
Katie Klingensmith of Brandywine Global Investment Management says given the current real rates, there are fixed-income opportunities that have not existed in a generation or two
But prices continue to rise faster than is consistent with the Fed's 2% target
Biggest year-over-year gain since April
Higher borrowing costs could lead Federal Reserve to forgo another hike
Latest report raises speculation that the Fed will leave interest rates unchanged at its next meeting
Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years
Governing board reaches full strength with Biden appointees