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2024-06-12 18:02:52

The Hill :press: on Nostr: Fed holds interest rates at 23-year high as inflation hits plateau The Federal ...

Fed holds interest rates at 23-year high as inflation hits plateau

The Federal Reserve held interest rates at a 23-year high Wednesday as its battle to bring down inflation drags deeper into 2024. The announcement follows a two-day meeting of the central bank’s monetary policy committee, which raised borrowing rates from near zero in March 2022 to a range of 5.25 to 5.5 percent as... #press

https://thehill.com/business/4718224-federal-reserve-june-2024-meeting-fomc/?utm_source=press.coop

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