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Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve left rates unchanged on Wednesday, delaying highly anticipated rate cuts that the central bank expects to make sometime this year. The fed funds rate remains between 5.25% and 5.5% “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run,” […]
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve left its benchmark interest rate unchanged on Wednesday, pausing an aggressive inflation fight amid growing optimism that the United States can achieve normal price levels without falling into a recession. The central bank expects to raise rates one more time this year, according to projections included alongside a […]
RiverNorthPhotography/Getty Images (NEW YORK) — NPR will stop sharing content on Twitter, the company announced Wednesday — a rebuke of certain labels the social media platform attached to the news outlet. The international media non-profit said the categorization — first as “US state-affiliated media” and later “government-funded media” — prompted the outlet to stop posting “fresh […]
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