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Fed Leaves Interest Rates Unchanged But Forecasts Further Increases

Por: RTTNews Business June 14, 2023

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Following ten consecutive interest rate hikes, the Federal Reserve on Wednesday announced its widely expected decision to pause its rate increases.The Fed said it has decided to maintain the target range for the federal funds rate at 5 to 5.25 percent, marking the first time the central bank has left rates unchanged since January 2022.Leaving rates unchanged will allow the Federal Open Market Committee the opportunity to assess additional... + full article



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