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Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
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Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’

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Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
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Source: Bitcoin.com

Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate; Fed Continues Watchful Eye on Inflation Risks On Wednesday, the […]

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Author: Jamie Redman

Related posts:

  1. US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
  2. Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation
  3. Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
  4. Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
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