Minutes show some on Fed still think rate hikes possible [FOX Business Network]
Comcast Corporation - Class A (CMCSA)
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Source: FOX Business Network
Minutes show some on Fed still think rate hikes possible article Federal Reserve officials at their recent meeting believed the central bank could remain "patient" in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed. Continue Reading Below In minutes of the April 30-May 1 discussions released Wednesday, Fed officials noted that prospects for the U.S. and global economy had been improving, while inflation had fallen farther below the Fed's 2% target. Financial markets and President Donald Trump are hoping that the central bank will start cutting rates soon to bolster growth further. The Fed minutes, however, indicated little sentiment for rate cuts. Instead, the minutes revealed "a few" participants say they thought more rate increases might be needed to keep low unemployment from triggering unwanted inflation. "While some investors are betting that the Federal Reserve will be cutting rates by the end of this year, there's no
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CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website