Federal Reserve Holds Interest Rates Steady Amid Mixed Economic Signals
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#36b7da54 ver:0.67
The Federal Reserve has decided to keep interest rates unchanged for the seventh consecutive meeting, in line with market expectations. Recent economic data shows strong job creation but slowing inflation. The Fed remains attentive to inflation risks and will not reduce rates until it has greater confidence in sustainable inflation. Mortgage companies can expect rates to remain higher for longer. The likelihood of rate changes in upcoming meetings is measured at 91.1% chance of no change in July and a 65.4% chance of a rate cut in September. #FederalReserve #InterestRates #Economy...
#newstr #FederalReserve #InterestRates #EconomicSignals #Inflation
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