This is a news story, published by The Economic Times, that relates primarily to fed news.
For more interest rates news, you can click here:
more interest rates newsFor more news from The Economic Times, you can click here:
more news from The Economic TimesOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
upcoming inflation data. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest next Fed policy meeting news, monetary policy side news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
monetary policyThe Economic Times
•81% Informative
Mester: "If the economy evolves as expected, then in my view it will be appropriate for the [Federal Open Market Committee] to begin reducing the fed funds rate later this year " The next Fed policy meeting is scheduled for April 30 and May 1 .
Officials at the last FOMC meeting in March maintained their overnight target rate range at between 5.25% and 5.5% .
VR Score
93
Informative language
98
Neutral language
81
Article tone
informal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links