Despite this, the report did not prompt a rate cut from the Federal Reserve (Fed), suggesting ... period to achieve its 2% inflation target. Atlanta Fed President Raphael Bostic remarked in an ...
Fed officials have held rates in a range of 5.25% to 5.5%, a two-decade high, since last July. A series of policymakers have indicated they need to see more data to become confident that inflation is ...
The pace of M&A announcements this year has been the fastest since 2019, he adds. BofA maintains its year-end forecast for the pair at 155, expecting the Fed to start cutting rates in December, which ...