International Economic

Federal Reserve stays put on rates

By Alexander Bueso

Date: Wednesday 01 May 2024

(Sharecast News) - America's central bank stood pat on rates on Wednesday, but refrained from sounding a hawkish note that might tighten financial conditions further.
In its policy statement, the Federal Open Market Committee stated that there had been no additional progress towards its 2.0% inflation goal.

Inflation had "eased"...

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