News list for "The Federal Reserve maintains"
The Reserve Bank of Australia expects core inflation to remain above its target range until mid-2026, as consumer demand and house prices grow faster than expected, limiting the scope for further rate cuts. The Reserve Bank of Australia on Tuesday left its cash rate unchanged at 3.60% as expected, having cut rates three times this year in February, May and August. In a statement, the Reserve Bank of Australia said recent data, including stronger economic growth, stubborn inflation and a still ti...
The Reserve Bank of Australia left the base rate unchanged at 4.1 percent, in line with market expectations. The central bank cut interest rates for the first time in more than four years in its last decision. (Jin Ten)
Federal Reserve Chairperson Jerome Powell said the Fed would do better on inflation if it remained independent. The Fed needs to maintain a high degree of transparency, which requires the Fed to remain independent. There has been a strong response to inflation, which has helped anchor inflation expectations. Mr. Powell said the Fed does not consider the interests of any political party when making decisions. Politics could be a distraction.
The Reserve Bank of Australia kept its policy rate unchanged at 4.35% for the fourth consecutive time, in line with market expectations.
