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Fed pauses interest rate hikes after a year, but signals more tightening to come

Published: June 14, 2023

The Federal Reserve announced Wednesday that it is pausing its interest rate hikes, showing that officials believe they are having success in bringing down inflation.

Source: washingtonexaminer.com

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United StatesFreddie MacSilicon Valley BankMarket CommitteeFederal ReserveFederal Open Market CommitteeFed June MeetingFed PauseFed Pauses Rate HikesFomc DecisionHold Interest Rates SteadyInflation RateInterest RatesJerome PowellPowell Fed Decision