Jump to content

Federal Reserve keeps interest rates unchanged


Recommended Posts

Posted
  • The central bank’s Federal Open Market Committee said Wednesday it will hold its benchmark funds rate in a range between 1.5% to 1.75%, where it has been since the latter part of last year.
  • The committee adjusted the language in its statement to reflect that policy is geared toward “inflation returning to the Committee’s symmetric 2 percent objective.”
  • The decision was unanimous. Several board members last year objected to the Fed’s rate cuts.

EPeHujmWAAA-iQU?format=jpg&name=small

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...