Fed Holds Interest Rates, Anticipates Rate Cuts Later in the Year
The US Federal Reserve announced that it has decided to hold benchmark rates steady at a rate of 5.25% to 5.5% today, as the Wall anticipated. The statement issued by the Federal Open Market Committee (FOMC) indicated that job gains have moderated since early last… Read More
Read more in: General News | Tagged inflation, interest rates, jerome powell, us federal reserve