Fed keeps rates steady, toughens policy stance as ‘soft landing’ hopes grow 

Reuters was first to report that the U.S. Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish […] The post Fed keeps rates steady, toughens policy stance as ‘soft landing’ hopes grow  appeared first on Reuters News Agency.

Aug 9, 2024 - 15:46
Fed keeps rates steady, toughens policy stance as ‘soft landing’ hopes grow 

Reuters was first to report that the U.S. Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job losses. 

The post Fed keeps rates steady, toughens policy stance as ‘soft landing’ hopes grow  appeared first on Reuters News Agency.

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