Interest-rate cuts coming soon? Bah humbug, Fed officials say

1 min read
72 views

The chorus of Federal Reserve officials who say interest rates will remain higher for longer than investors believe is getting louder.

The presidents of the Chicago and Cleveland regional Fed banks on Monday said Wall Street DJIA should not count on interest rates being reduced anytime soon.

Cleveland Fed boss Loretta Mester, in an interview…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Read the full article here

Leave a Reply

Your email address will not be published.

Previous Story

Mexico to boost measures aimed at curbing migration to US

Next Story

Marathon Digital’s stock rallies toward a record win streak, even as bitcoin falls

Latest from Economy