In a move that surprised many analysts, the Federal Reserve has opted to keep interest rates unchanged at its latest policy meeting. This marks the third consecutive meeting where the Fed has held off on further rate increases, following a period of aggressive hikes aimed at curbing inflation.
The decision signals a potential shift in the Fed's focus, suggesting that the central bank believes inflation may be peaking. Recent economic data has shown signs of declining inflation, offering hope that the Fed's aggressive tightening measures are starting to have an effect.
While acknowledging the promising inflation trends, the. . .