Tag: inflation

  • Fed Cautious on Inflation, Economic Growth as Job Market Stalls

    Fed Cautious on Inflation, Economic Growth as Job Market Stalls

    FOMC Maintains Cautious Stance Amidst Uncertainties The Federal Open Market Committee (FOMC) concluded its two-day policy meeting on March 20th, 2024, opting to maintain the federal funds rate at its current target range of 5-1/4 to 5-1/2 percent. This decision, the fourth consecutive hold, reflects the Committee’s cautious stance amidst…

  • Surging Inflation Puts Fed Rate Hike On The Horizon: Will Borrowing Costs Rise In 2024?

    Surging Inflation Puts Fed Rate Hike On The Horizon: Will Borrowing Costs Rise In 2024?

    Inflation on the Rise Data from the Bureau of Labor Statistics paints a concerning picture: key inflation indicators are pointing upwards. The Consumer Price Index (CPI), a measure of price changes for goods and services purchased by consumers, has increased by 3.2% over the past year. This signifies that the…