Fed Keeps Rates Steady, Foresees Hike in Future

This Wednesday, the Federal Reserve held interest rates steady, ranging from 5.25% to 5.5%, as market analysts anticipated. Initially, a 70% likelihood of a rate decrease had been forecasted for this session. Yet, expectations shifted due to unexpected economic growth, higher inflation, and the Fed’s cautious stance. The Fed cited strong economic expansion, significant employment […]

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