Reported about 21 hours ago
The Federal Reserve maintained its interest rates, signaling confidence in the economy while being cautious about inflation. Former St. Louis Fed president Jim Bullard noted that the decision aligned with market expectations and suggested that the Fed is well-positioned to manage inflation. Bullard does not foresee any rate cuts this year unless inflation remains stubborn, although the Fed retains the option to raise rates if inflation rises again.
Source: YAHOO