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World News@beehaw.org · 1 year ago

The Fed pauses its rate-hiking campaign, announcing no new increase

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The Fed pauses its rate-hiking campaign, announcing no new increase

c2h6@lemmy.world to

World News@beehaw.org · 1 year ago

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The Fed holds rates steady, pausing its rate-hiking campaign | CNN Business

The Federal Reserve said Wednesday it would pause its historic rate-hiking campaign as it waits for the effects to trickle further through the economy, but signaled that additional rate hikes are likely this year.

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finn@lemmy.world
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1 year ago
Bullish?
- jimmyjoners@lemmy.world
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  1 year ago
  They signaled for two more quarter point increases this year apparently - so not really sure what to think.
  - finn@lemmy.world
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    1 year ago
    Hopefully I can afford eggs again one day
    - xuu@social.sour.is
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      1 year ago
      The price of eggs has been rapidly collapsing to half what it was in the peak.

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