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US Fed Meeting 2024 Live: US Fed will announce its decision on key lending rates on Wednesday. The policymakers are expected to hold interest rates steady.
US Fed Meeting 2024 Live: The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them.
The Fed believes that the inflation has come down from its highs but “remains elevated”.
US Fed Meeting 2024 Live: The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them.
The US central bank confirmed in a statement that it was holding its benchmark lending rate steady between 5.25 percent and 5.50 percent, and said it is unlikely to start cutting rates without "greater confidence" that inflation is moving "sustainably" towards its long-term two percent target.