Business - KSYL-AM
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve is set to announce a decision on Wednesday about whether to adjust its benchmark interest rate, just days after new government data showed that the economy is cooling off.The slowdown has coincided with a months-long stretch of stubborn inflation, putting pressure on the Fed to keep interest rates high despite a risk of hindering economic activity with expensive borrowing costs.Economists widely expect the Fed to leave interest r...
United States Jerome Powell Stanford University Us Commerce Department Commerce Department Federal Reserve
Source: ksyl.com