US Federal Reserve leaves key interest rate unchanged
Wednesday, 20 September 2023 The Federal Reserve has decided to keep its primary interest rate unchanged at 5.25%-5.5% in an effort to achieve a "gentle landing" for the US economy. The central bank aims to cool down inflation without causing a severe recession. The Federal Reserve has been implementing a series of interest rate hikes since March 2022 to slow down the economy and rein in inflation. While progress has been made, certain service costs are still increasing at a higher rate than before the pandemic.
Federal Reserve Chair Jerome Powell, speaking at the Jackson Hole Symposium, emphasized the potential necessity for the US Federal Reserve to implement additional interest rate hikes in order to effectively manage inflation, as policymakers carefully evaluate indications of diminishing inflation...
The Federal Reserve is a complex institution that has been a subject of debate and scrutiny for many years. Critics argue that its policies, such as controlling interest rates and money supply, can..
The United States Federal Reserve made a significant announcement, holding interest rates steady but indicating a wary stance. The announcement was made at a news conference by Federal Reserve Chair..
Federal Reserve , Announces Pause On Rate Hikes , Amid Easing Inflation.
On September 20, the Federal Reserve paused its string
of interest rate hikes as it waits to see if its efforts
over the past..
Credit: Wibbitz Top Stories Duration: 01:31Published
Experts predict that the Reserve Bank of India (RBI) is likely to maintain the status quo on policy rates at its upcoming monetary policy review meeting in... IndiaTimes
The US Federal Reserve decided to keep interest rates unchanged but adopted a more hawkish stance. They anticipate an additional rate increase by the end of the... IndiaTimes
Wednesday, 20 September 2023
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