Fed Leaves Rates Unchanged Despite Slowing Inflation, Projects Only One Rate Cut in 2024

The Federal Reserve stood firm again, leaving its benchmark rate unchanged at its current 23-year high after the Fed’s two-day meeting concluded Wednesday. Meanwhile, the central bank signaled a more tepid approach to rate cuts this year than investors had hoped for. The Fed’s decision maintains the federal funds benchmark rate in the 5.25%-5.50% range…

The post Fed Leaves Rates Unchanged Despite Slowing Inflation, Projects Only One Rate Cut in 2024 appeared first on RISMedia.

Join The Discussion

Compare listings

Compare