Powell likely to underscore inflation concerns even as Fed leaves key rate unchanged

For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign.

Warnings on Weak Demand Are Piling Up This Earnings SeasonOil and Gas Companies Face an Era of Credit Downgrades, Fitch WarnsU.S.

5 Billion With Mexico IPOProperty Fundraising Slumped 71% in Third Quarter With Rate RiskSingapore Set to Direct Largest Bank DBS to Fix ‘Unacceptable’ Online OutagesWarnings on Weak Demand Are Piling Up This Earnings SeasonPort Talbot to Cut Thousands of Jobs as Tata Shuts Down Blast FurnacesOil and Gas Companies Face an Era of Credit Downgrades, Fitch WarnsBP Says US Offshore Wind Industry Fundamentally BrokenTotalEnergies, Alstom Sign Deals During Macron’s Kazakhstan TripEstée Lauder...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed meeting: All eyes will be on Powell's commentaryThe Federal Reserve's two-day policy meeting started Wednesday as investors anticipate rates will be held steady in the 5.25-5.50% range. Markets are looking...
Read more »

Powell likely to underscore inflation concerns even as Fed leaves key rate unchangedWASHINGTON (AP) — For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a...
Read more »

Powell likely to underscore inflation concerns even as U.S. Federal Reserve leaves key rate unchangedThe Fed is standing pat, for now, in part because the U.S. economy has been moving mostly in the direction that Chair Jerome Powell has hoped for
Read more »

Fed buzz: words to watch for as the Fed sets ratesHere are a few words and phrases to watch for in the Fed's post-meeting statement on Wednesday and in Fed Chair Jerome Powell's news conference, and what...
Read more »

Fed buzz: words to watch for as the Fed sets ratesKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »

Fed buzz: words to watch for as the Fed sets ratesExplore stories from Atlantic Canada.
Read more »