Fed Keeps Rates Steady Eyes Future Hike

The U.S. Federal Reserve maintained interest rates between 5.25% and 5.5%, marking the highest range in 22 years. Nevertheless, the central bank hinted at another increase later this year. Economic performance has been stronger than most anticipated. Consequently, most Federal Open Market Committee (FOMC) members suggest keeping this rate level through 2024. A recent update […]

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