Fed leaves interest rates unchanged amid inflation rate higher than 2% target
Related Articles
-
Fed keeps interest rates at 23-year high
The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.
-
The Fed's big question: Are high interest rates doing their job?
As the Fed's policy-setting committee gathers for a two-day meeting Tuesday, it is being forced to wrestle with an uncomfortable question:...
-
Hong Kong Holds Interest Rates Following Fed Decision
The Hong Kong Monetary Authority followed the Federal Reserve in holding its base rate as US officials signaled fresh concerns about inflation.