Fed Holds Rates Steady Again

The Federal Reserve again held rates steady July 31, noting that there has been “some further progress toward the Committee’s 2% inflation objective” over the past few months.

Fed Holds Rates Steady

The Federal Reserve held rates steady Wednesday and now projects only one rate cut in 2024.

Fed Holds Rates Unchanged May 1

The Federal Reserve held rates steady at its meeting ended May 1, as data regarding the strength of the economy and stubbornly high inflation have resulted in a shift in the timing of any rate cuts.

MBA Chart of the Week: Goods and Services Inflation

The week’s news has been around the Consumer Price Index (CPI) release showing that inflation was hotter than expected in March, which is likely to delay the Federal Reserve’s first rate cut in 2024 and contributed to a significant spike in the 10-year Treasury yield to over 4.5%.