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Fed holds interest rates steady as 2024 cut gets more elusive
Автор: The Washington Examiner
Загружено: 2024-05-01
Просмотров: 42
Описание:
#washingtonexaminer #interestrates #federalreserve #jeromepowell
The Federal Reserve held interest rates steady Wednesday following several months of higher-than-expected inflation, with investors now not expecting a rate cut until months from now.
After a two-day meeting of its Federal Open Market Committee in Washington, D.C., the Fed announced it will keep its rate target at 5.25% to 5.50%. The move was widely telegraphed.
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