Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
PRETTYGARDEN Women's Summer Maxi Dress Buy Now
4K Dual Screen Camera with 18X Zoom Buy Now
Crystal Accented Bracelet Watch Buy Now
Comfort Flex Waist Jean Buy Now
Men's Straight-Fit Pant Buy Now
Amazon Fire HD 8 tablet, 8” HD Display Buy Now
COOFANDY Men's Wrinkle-Free Dress Shirt Buy Now
BOOMCOOL Men's Gym Outfit Set Buy Now
ETRONIK Gym & Travel Bag Buy Now
Gildan Cotton T-Shirt Pack, Style G2000 Buy Now
Men's Manicure & Pedicure Kit Buy Now
Vintage Round Sunglasses for Women Buy Now
Lightweight Cotton Sport Jacket Buy Now
Casio MDV106 Diver's Watch Buy Now
Amazon Essentials Women's Heeled Sandals Buy Now
Kanjivaram Soft Silk Saree Buy Now
Midi & Maxi Skirts Buy Now
Mens Fashion Loose Fit Crewneck Stripe T-Shirt Buy Now
Skechers Gowalk Arch Fit Idyllic Buy Now
Dokotoo Pants for Women Buy Now
PRETTYGARDEN Women's Summer Maxi Dress Buy Now
4K Dual Screen Camera with 18X Zoom Buy Now
Crystal Accented Bracelet Watch Buy Now
Comfort Flex Waist Jean Buy Now
Men's Straight-Fit Pant Buy Now
Amazon Fire HD 8 tablet, 8” HD Display Buy Now
COOFANDY Men's Wrinkle-Free Dress Shirt Buy Now
BOOMCOOL Men's Gym Outfit Set Buy Now
ETRONIK Gym & Travel Bag Buy Now
Gildan Cotton T-Shirt Pack, Style G2000 Buy Now
MoreBack to News Headlines
U.S. Fed minutes show most officials flagged risks of cutting rates too quickly

U.S. Fed minutes show most officials flagged risks of cutting rates too quickly

BNN Bloomberg
Wednesday, February 21, 2024 10:01 PM GMT

Minutes from the Federal Reserve’s latest gathering show most officials remained more worried about the risk of cutting interest rates too soon than keeping them high for too long and damaging the economy.

A summary of the Jan. 30-31 Federal Open Market Committee meeting released Wednesday showed policymakers want to see more evidence inflation is firmly on a path to their 2% target before lowering interest rates, with some raising concerns that progress could stall. Together, the minutes reinforced expectations that borrowing costs will remain high for the foreseeable future.

Fed officials agreed borrowing costs were likely at their peak, but the exact timing of the first interest-rate cut remained unclear. That said, the minutes indicated growing support among a group of policymakers for slowing the pace at which the Fed shrinks its asset portfolio. Such a move would work with interest-rate cuts to start easing policy.

“Most participants noted the risks of moving too quickly to ease the stance of policy and emphasized the importance of carefully assessing incoming data in judging whether inflation is moving down sustainably to 2%,” according to the meeting minutes released Wednesday.

Read full story on BNN Bloomberg
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us