US Federal Reserve keeps benchmark rate unchanged in 4.25-4.5% target range at Jerome Powell-led FOMC meet
The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will closely monitor incoming data and evolving outlook while reducing its holdings of Treasury securities.
The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will closely monitor incoming data and evolving outlook while reducing its holdings of Treasury securities.
