The U.S. Federal Reserve left interest rates unchanged.
At its latest meeting, the Federal Reserve kept the federal funds rate in the 3.50%–3.75% range. The decision was widely expected by markets.
The Fed also signaled that inflation remains a concern and updated projections suggest policymakers still see the possibility of higher rates later this year rather than imminent cuts.
At its latest meeting, the Federal Reserve kept the federal funds rate in the 3.50%–3.75% range. The decision was widely expected by markets.
The Fed also signaled that inflation remains a concern and updated projections suggest policymakers still see the possibility of higher rates later this year rather than imminent cuts.