Fed Chair Jerome Powell answers reporters' questions at the FOMC press conference Wednesday. (Source: Federal Reserve) Fed Chair Jerome Powell answers reporters' questions at the FOMC press conference Wednesday. (Source: Federal Reserve)

The Fed said Wednesday it will raise rates by 25 basis points, but might hold off on further cuts if the economy worsens.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jim DuPlessis

A journalist for decades.