By David Shepardson WASHINGTON (Reuters) -Tesla is recalling over 2 million vehicles in the U.S. to install new safeguards in its Autopilot advanced driver-assistance system, after a federal safety regulator cited safety concerns. The largest-ever Tesla recall appears...
Category
Business
With rate hikes likely done, Fed turns to timing of cuts
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of monetary policy is likely over as inflation falls faster than expected...
Fed flags end of rate hikes, sees lower borrowing costs in 2024
NEW YORK (Reuters) -The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy engineered over the last two years is at an end and lower borrowing costs are coming in 2024....