Federal Reserve Holds Interest Rates Amid Elevated Inflation and Cautious Outlook on Rate Cuts
===============	
#2140b79c ver:0.64

The Federal Reserve holds interest rates steady amid elevated inflation and a cautious outlook on rate cuts. Inflation remains above the Fed's target, while economic growth slows. Fed Chair Jerome Powell acknowledges sticky inflation but says rate hikes are unlikely. The Fed's focus is on ensuring inflation is close to 2% before considering rate cuts. Wall Street expects only one rate cut this year, while economists still anticipate two. The Fed will monitor inflation data before making any decisions. The economy is strong, and unemployment remains low, reducing pressure for rate cuts. #FederalReserve #InterestRates #Inflation #EconomicGrowth...

#newstr #FederalReserve #InterestRates #RateCuts #Inflation #EconomicGrowth 

 https://here.news/story/2140b79c?ver=0.64