Fed leaves interest rates unchanged with just one cut projected by the end of 2024 [FOX Business Network]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: FOX Business Network
The decision was not unexpected and comes as several economic indicators trend in the right direction. Wednesday's inflation report, which showed inflation rose 3.3% over the 12 months ending in May, and the core CPI rose 3.4%, was better than expected. Federal Chair Jerome Powell said that the report builds confidence that inflation is moving toward the 2% target but said more evidence is needed before the central bank begins easing policy. "So far this year, the data have not given us greater confidence," Powell told reporters during a press conference . "The most recent inflation readings have been more favorable than earlier in the year, however, and there has been modest further progress toward our inflation objective." "We know that reducing policy restraint too soon or too much could result in a reversal of the progress we have seen on inflation," Powell said. "At the same time, reducing policy restraint too late or too little could unduly weaken economic activity and empl
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TRU
Earnings
- 4/25/24 - Beat
TRU
Sec Filings
- 6/17/24 - Form 4
- 6/14/24 - Form 144
- 6/4/24 - Form 4
- TRU's page on the SEC website