Fed Stays Put, But Cut Plans for 2025 Remain in Play - Wall Street Pit
Summary by Wall Street Pit
1 Articles
1 Articles
All
Left
Center
Right
Fed Stays Put, But Cut Plans for 2025 Remain in Play - Wall Street Pit
The Federal Reserve unanimously maintained its benchmark interest rate at 4.25%-4.5% for the fourth consecutive meeting, projecting two rate cuts for 2025, unchanged from its March forecast. Fed officials revised their outlook, expecting core PCE inflation to rise to 3.1% this year from 2.8%, dropping to 2.4% by 2026, while…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium