Some Fed officials worry inflation remains stubbornly high, minutes show ...Middle East

By Bryan Mena, CNN Washington (CNN) — Federal Reserve officials said during their March policymaking meeting that inflation will likely continue to slow this year, according to minutes released Wednesday, but some still fretted over the possibility that inflation could remain stubbornly high. Those fears have now worsened, at least on Wall Street, which means that interest rates could remain higher for longer if prices don’t budge. While Fed officials “observed that significant progress had been made over the past year” despite disappointing inflation readings for January and February, some also “noted that the recent increases in inflation had been relatively broad based,” the minute

Hence then, the article about some fed officials worry inflation remains stubbornly high minutes show was published today ( Wednesday 10/04/2024 - 09:46 PM ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Some Fed officials worry inflation remains stubbornly high, minutes show )

Also on site :

• ‘Baffling’: White House won’t publicly release AI model evaluation framework it reviewed today with OpenAI, Anthropic, Microsoft and others
• ‘Keep Praying for Me’: ‘Family Matters’ Mom Jo Marie Payton Marks 76th Birthday With Emotional Update
• Rosen Law Firm Encourages BlackRock, Inc. Mutual Fund Investors to Inquire About Securities Class Action Investigation