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US Federal Reserve Maintains Interest Rates Amid Concerns Over Sticky Inflation and Sluggish Economic Growth
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#2140b79c ver:0.54

The US Federal Reserve keeps interest rates unchanged amid concerns over sticky inflation and sluggish economic growth. Inflation remains above the 2% target, with the Consumer Price Index rising by 0.4% monthly and 3.5% annually. GDP growth slows to 1.6% annually. Fed Chair Jerome Powell acknowledges inflation is above the goal but says the threshold for a rate hike is 'extremely high'. No rate cuts are expected in the short term, and the Fed's decisions depend on inflation data. #Fed #interestrates #inflation #economicgrowth...

#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth

https://here.news/story/2140b79c?ver=0.54