Federal Reserve Awaits New Data Before Committing to Lowering Interest Rates Amid Inflation
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#36b7da54 ver:0.8

The US Federal Reserve has decided to keep interest rates unchanged, awaiting new data on inflation before committing to any rate cuts. The central bank aims to maintain borrowing costs until inflation consistently reaches its target range. The Fed's decision aligns with market expectations, and it plans to hold rates steady until it gains greater confidence in sustainable inflation movement. The Fed also adjusted its rate forecast to one reduction this year, down from three previously projected. #FederalReserve #InterestRates #Inflation...

#newstr #FederalReserve #InterestRates #Inflation #EconomicGrowth 

 https://here.news/story/36b7da54?ver=0.8