Federal Reserve Maintains Interest Rates Amidst Inflation Concerns

Reported about 23 hours ago

The Federal Reserve has decided to keep the federal funds target rate steady at 4.25% to 4.5%, highlighting the stability of the unemployment rate and solid labor market conditions, while indicating that inflation remains somewhat elevated. Notably, the committee has removed references to progress being made towards its 2% inflation target.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis