Home Business Federal Reserve Keeps Interest Rates Unchanged Amid Inflation Concerns

Federal Reserve Keeps Interest Rates Unchanged Amid Inflation Concerns

by Sonia Park
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Federal Reserve Keeps Interest Rates Unchanged Amid Inflation Concerns

As of May, 2024, the Federal Reserve has opted to keep interest rates steady, signaling a cautious approach as officials monitor inflation trends. Chair Jerome Powell highlighted the central bank's stance, emphasizing the need for more data to confirm a sustained decrease in inflation levels before considering rate adjustments.

https://youtu.be/6ulOCkTfRHI

The Federal Reserve is leaving interest rates unchanged. Chair Jerome Powell explained the central bank is still waiting for more data to show inflation is coming down.

Federal Reserve Chair Jerome Powell said the central bank is. . .

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