05/18/2024

Fed Signals Concern About Economic Outlook

Federal Reserve officials expressed renewed worry about financial-market turbulence and slow economic growth abroad, leaving doubts about whether the central bank will raise interest rates as early as March. The U.S. central bank lifted short-term interest rates by a quarter percentage point in December and penciled in four more increases this year. But the policy statement, released Wednesday after a two-day meeting, raised…

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