US Federal Reserve Maintains Two-Decade High Interest Rates Amid Stubborn Inflation
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#2140b79c ver:1.03

The US Federal Reserve maintains two-decade high interest rates due to stubborn inflation, with concerns about stagflation and potential impact on President Biden's re-election bid. The Fed expects only one rate cut in November, reflecting a shift from previous projections. Despite a strong US economy, inflation remains high. The Bank of England is also expected to keep rates unchanged, while the European Central Bank may consider rate cuts. #FederalReserve #interestrates #inflation...

#newstr #UsFederalReserve #InterestRates #Inflation #BankOfEngland #EuropeanCentralBank #UsEconomy #UnemploymentRate #ConsumerSpending #JeromePowell'sSpeech #TreasurySecurities #MortgagebackedBonds 

 https://here.news/story/2140b79c?ver=1.03