tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fed likely to pause rate cuts this week, WSJ reports

Federal Reserve officials are expected to pause interest rate cuts this week after three consecutive reductions since September, The Wall Street Journal’s Nick Timiraos reports. The Fed’s benchmark rate will likely remain between 3.5% and 3.75%, with officials divided on future cuts due to inflation and job market data.

Claim 50% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1