Economic News and Analysis
Economic News
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BusinessBloombergFed to Slow the Pace of Balance-Sheet Runoff Starting in June
(Bloomberg) -- The Federal Reserve said it will shrink its balance sheet at a slower place beginning in June, reducing the amount of bond holdings it lets roll off every month. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ Pow
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BusinessBloombergFed Cites Lack of Progress on Inflation, Holds Rates Steady
(Bloomberg) -- The Federal Reserve signaled fresh concerns about inflation as it reaffirmed it needs more evidence that price gains are cooling before cutting interest rates from a two-decade high.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows We
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BusinessBloombergKey Takeaways From Fed Decision to Hold Rate at Two-Decade High
(Bloomberg) -- Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday:Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ Power Federal Open Market Committee votes unanimously to leave benchmark rate u