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3232US Inflation Remains Higher Than Expected, Raising Concerns Among Investors
https://www.digit.info/us-inflation-remains-higher-than-expected-raising-concerns-among-investors/
Tue, 14 Feb 2023 17:00:22 +0000https://www.digit.info/2023/02/14/us-inflation-remains-higher-than-expected-raising-concerns-among-investors/Read more]]>U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts […]
]]>Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
https://www.digit.info/federal-reserve-raises-benchmark-interest-rate-by-0-25-disinflationary-process-early-says-powell/
Wed, 01 Feb 2023 23:19:57 +0000https://www.digit.info/2023/02/01/federal-reserve-raises-benchmark-interest-rate-by-0-25-disinflationary-process-early-says-powell/Read more]]>The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines […]