US Federal Reserve Holds Interest Rates Steady at Highest Level Since 2001, Cautious About Rate Cuts Amid Elevated Inflation
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#2140b79c ver:0.85

The US Federal Reserve keeps interest rates steady at the highest level since 2001, cautious about rate cuts amid elevated inflation. The decision reflects a focus on ensuring inflation is closing in on 2% before considering any cuts. The Fed also plans to slow the pace of its balance-sheet reduction program. Wall Street traders expect only one rate cut this year, while economists still anticipate two cuts. The Fed's decision has implications for investors and borrowers, as higher rates can impact borrowing costs and investment returns. #FederalReserve #InterestRates #Inflation #Economy...

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

 https://here.news/story/2140b79c?ver=0.85