US Federal Reserve Maintains High Interest Rates, Citing Lack of Progress Towards Inflation Target
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#f9660aca ver:0.13

The US Federal Reserve maintains high interest rates due to lack of progress towards inflation target. The Fed aims for 2% inflation to achieve maximum employment and stable prices. New York Fed President defends 2% target, emphasizing transparency and clear communication. Fed Chair expresses optimism that inflation will decrease over the year. Fed's decision reflects a shift from previous rate cut projections. Rates will remain high until inflation is under control. #FederalReserve #InflationTarget #InterestRates...

#newstr #FederalReserveBank #InterestRates #Inflation #JeromePowell 

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